Okonjo-Iweala Will Be WTO DG – Nigeria Reacts To US Opposition

Okonjo-Iweala Will Be WTO DG – Nigeria Reacts To US Opposition Pointloaded

The Federal Government has declared its commitment to ensuring the emergence of Dr. Ngozi Okonjo-Iweala as the Director-General of the World Trade Organisation (WTO).

The United States had announced its support for South Korea’s Yoo Myung-Hee.

In a statement on Thursday, October 29 Ministry of Foreign Affairs spokesperson, Ferdinand Nwonye, said Nigeria will continue to engage relevant stakeholders.

He said the country will see that the lofty aspiration of her candidate to lead the WTO is realised.

The government also made reference to the endorsement of the former Finance Minister by the majority of the WTO members.

“The candidate from Nigeria, Dr Ngozi Okonjo-Iweala has secured the support of the majority of the member countries but is yet to be declared and returned the winner.

This is because apart from winning the election, all the 164 Member States of WTO were expected to adopt the winner by consensus, in accordance with the rule of procedure of the WTO”, the statements read.

The official stressed that it is important to highlight that Dr Okonjo-Iweala “has secured cross-regional backing with only the United States opposing the consensus.”

A meeting of the General Council of the WTO has been scheduled for November 9, 2020, for the final decision on the election process.

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About Rakib Idris

Rakib Idris is a scientist, blogger, entrepreneur, web designer, socioeconomic and political commentator. He loves writing quality contents for readers and presenting to them happenings around the world promptly as they occur. Thank you for visiting pointloaded.com WhatsApp: +2349054011337

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