WTO DG: How Ngozi Okonjo Iweala Emerged Finalist

  • Former finance minister expresses gratitude
    •AU, FG rally support for Nigeria’s candidate

Obinna Chima in Lagos and James Emejo in Abuja

The World Trade Organisation (WTO) yesterday explained that Nigeria’s Dr. Ngozi Okonjo-Iweala and the Republic of Korea’s Yoo Myung-hee qualified for the final stage in its selection process for its next director-general because both candidates were able to secure the broadest and deepest support from the membership.

With the shortlisting, the federal government yesterday urged Heads of State Delegations to the WTO to endorse Okonjo-Iweala on the strength of her antecedents, competence and statement to the General Council.
The duo saw off competition from Britain’s Liam Fox, Kenya’s Amina Mohamed and Saudi Arabia’s Mohammad al-Tuwaijri in the second round of the battle for the position.

In a statement issued yesterday by the WTO, the General Council Chair of the global trade body, David Walker of New Zealand and his co-facilitators in the selection process stated that between September 24 and October 6, WTO members expressed preferences on five remaining candidates during consultations with Walker, Dacio Castillo of Honduras and Harald Aspelund of Iceland.

“Based on the depth and breadth of preferences articulated to the facilitators, Walker told a Heads of Delegation meeting on October 8, that the two candidates who secured the broadest and deepest support from the membership and who should subsequently advance to the final round are Ngozi Okonjo-Iweala and Yoo Myung-hee.

“The result creates a historic precedent for the WTO in that it assures that the seventh director-general will become the first woman to lead the organisation. These two candidates were chosen from a field of five that had advanced to the second round of consultations,” the WTO added.
It pointed out that as members move to the final round of consultations, Walker emphasised that the ultimate objective of the selection process was to secure a consensus decision by members on the next director-general.

“Our aim continues to be to encourage and facilitate the building of consensus among members, and to assist in moving from this final slate of two candidates to a decision on appointment.
“As this is the final round of the consultation process, it should bring us to the point where we can make a recommendation to the General Council concerning the decision,” Walker added.
The General Council is the highest decision-making body of the WTO apart from the Ministerial Conference which meets every two years.

“As was the case for the first round, the entire membership remained fully engaged in and committed to this process. The facilitators and I are grateful for this very positive response. It is clear that all members attach great importance to this process,” Walker said.
Speaking to the candidates that did not progress to the final stage, the General Council Chair said: “On behalf of the entire membership, I would like to express deep gratitude for their participation in this selection process. It was clear that members consider them individuals of outstanding qualifications.

 

Digivation Network

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Jumia Unveils New Service Features

Fri Oct 9 , 2020
Jumia has launched mobile gaming service in partnership with Mondia which is accessible from the Jumia App and to allow consumers to complete their online payment transactions using Airtel Money, partnered Airtel Kenya. In its first phase, the gaming portal is available in five African countries including Egypt, Nigeria, Morocco, […]

You May Like

Latest Stories

Categories

Lagos Future Conference 2025

5th - 6th June, 2025

Oriental Hotel, Oniru, Lagos State

This will close in 20 seconds

The Lagos Future Conference 2025 is scheduled to take place on June 14, 2025, at the Oriental Hotel in Lekki, Lagos, with the theme "Future-Forward: Harnessing The Power of Youth, Innovation, and Technology for National Economic Growth". However, another source indicates the conference might be happening on June 5-6, 2025, at the same location. To confirm the exact date, it's best to check the official event details.

Conference Highlights:

- Keynote Speech: Insights from renowned experts in various fields
- Panel Sessions: Discussions on empowering generations, regenerating nature, digital enterprise, and transforming humanity
- Networking: Opportunities to connect with young entrepreneurs, innovators, policymakers, and business leaders
- Pitching Competition: A platform for startups to showcase their ideas
- Welcome Cocktail: A chance to mingle with fellow attendees

Featured Speakers:

- Babajide Sanwo-Olu: Executive Governor of Lagos State
- Hannatu Musa Musawa: Minister of Art, Culture and Creative Economy
- Juliet Ehimuan: Founder of Beyond Limits Africa
- Olatubosun Alake: Lagos State Commissioner for Innovation, Science, and Technology

Registration and Contact:

To participate, register through the official website or contact:
- Phone: +234 8055001878
- Email: events@lagosfutureconference.com.ng or digivationtv@gmail.com 

 

This will close in 20 seconds