Categories: News

Okonjo-Iweala’s Second Term Bid As WTO DG Backed By 58 Countries

A proposal from the African Group backing incumbent Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, to serve a second term has been backed by Fifty-eight of the 164. member states

The 58 member countries of the trade association made this known at a July 22 meeting of the WTO General Council, according to a statement by the world trade body.

The statement reads, “The African Group requests that the current Director-General make herself available to serve a second term, and has proposed that the process of reappointing the Director-General should be started as soon as possible.

“Fifty-eight members, several speaking on behalf of groups of members, took the floor to comment and express their support for the African Group proposal. They called on DG Okonjo-Iweala to make her intentions regarding a second term known as soon as possible. Most of these members praised the DG’s hard work and her achievements during her first term.”

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Okonjo-Iweala, 70, expressed gratitude for the support, saying, “Everything that I’ve accomplished, we’ve accomplished together.”

The director general said that she took the call of members very seriously and was favourably inclined.

She said she would get back to members very soon regarding her intentions.

Okonjo-Iweala, the seventh WTO boss, took office on March 1, 2021, for a single term of four years which will expire on August 31, 2025. She is eligible for a second term.

The former Nigerian Finance Minister navigated stiff opposition to become the first woman and the first African to serve as WTO Director-General. Before her current appointment, she twice served as Nigeria’s Finance Minister from 2003 to 2006 and from 2011 to 2015. She also briefly acted as Foreign Minister in 2006, the first woman to hold both positions.

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