WTO: Nigeria’s Ngozi Okonjo-Iweala gets European Union support
- 6th October 2020
- Posted by: Hakeem
- Category: Economics, POLITICS
The European Union says it will support Nigeria’s Dr. Ngozi Okonjo-Iweala and the South Korean candidate Yoo Myung-hee for the role of Director-General of the World Trade Organization.
This was disclosed by Bloomberg on Monday after a source at the EU revealed the candidates the Union would support, as the date to select a leader comes to a final chapter.
Nairametrics had reported last week that the remaining five candidates, who are from the initial pool of eight candidates that were shortlisted, will be further pruned down to just two candidates after the second round of elimination.
The five remaining candidates include Ngozi Okonjo-Iweala (Nigeria), Liam Fox (UK), Amina Chawahir Mohamed Jibril (Kenya), Yoo Myung-hee (South Korea), and Mohammad Maziad Al-Tuwaijri ( Saudi Arabia).
Nairametrics had earlier reported that three candidates who were running for the WTO top job had fallen out of the race after the first round of the elimination process thereby leaving only five candidates out of the initial eight.
EU member-country envoys agreed on Monday in Brussels to endorse Ngozi Okonjo-Iweala, Nigeria’s former finance minister, and Yoo Myung-hee, South Korea’s trade chief, in their bids to become WTO director-general, according to an official familiar with the matter.
2 finalists would be announced on October 6th and the new Director-General would be announced on the 7th of November.
Okonjo-Iweala and the 4 other candidates will present themselves to the members of the global trade body for voting in the hopes of securing the highest number of votes to succeed the current DG, Mr. Roberto Azevêdo.