February 27, 2021

Henry Xclusive

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Ngozi Okonji-Iweala is set to be next DG of World Trade Center

It appears that Ngozi Okonji-Iweala is going to be the next Director General of the World Trade Center as her South Korean candidate whose name is Myung-hee has stepped down.

The South Korean candidate made this decision after speaking to the United States and other nations and considering other issues such as the need to revitalize the multilateral organization.

The withdrawal comes after dozens of former U.S. government officials appealed to US President Joe Biden to endorse Okonjo-Iweala after the Trump administration blocked her selection. The opposition halted the selection process because WTO decisions are made on the basis of a consensus of its members.

Okomjo-Iweala who is also a U.S. citizen, emerged as the front-runner for the WTO director-general post last year. 

This means that Nigeria’s Ngozi Okonjo-Iweala is now the sole candidate left in the race.

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