• Latest
  • Trending
Okonjo-Iweala Emerges WTO DG

U.S. tells WTO meeting it does not back Okonjo-Iweala As WTO Chief

October 29, 2020
Akpabio, Not Indisposed Or Rushed To National Hospital – Media Aide

Akpabio: Terror Sponsors Will be Exposed , Must Face Justice

June 8, 2026
FG Shifts Nigerians’ Evacuation From SA to June 10

FG Shifts Nigerians’ Evacuation From SA to June 10

June 8, 2026
Atiku’s Aide Knocks BBC Over Fact Check Report On Tinubu’s CSU Certificate

Atiku: Rescue of 360 Abductees in Borno, Major Relief

June 8, 2026
Tinubu appoints Bianca Ojukwu minister of state, foreign affairs

Nigeria Extends SA Evacuation Screening

June 8, 2026
JAMB Postpones Post UTME Test Till Sept 7th

Mop-Up UTME Slips Ready: JAMB Urges Early Printing

June 8, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
FCCPC Reacts To Complaints Of Inability To Purchase Electricity Units Under IKEDC

FCCPC Denies Tinubu Approved 9 New Airtime Operators

June 8, 2026
Army, Police, Others Storm Falgore Forest Kano In Search Of Bandits

Troops Foil Terror Attack, Prevent Mass Abduction in Kogi

June 8, 2026
Akwa-Ibom: Appeal Court Dismisses Certificate Forgery Suit Against PDP Candidate, Eno

Eno Pushes for Ibom Port Execution Timeline

June 8, 2026
Tinubu Directs Service Chiefs to Move to Borno

Tinubu Ends S/A Firm Monopoly, Opens N3trn Airtime Market

June 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, June 8, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

U.S. tells WTO meeting it does not back Okonjo-Iweala As WTO Chief

by Present Nigeria
October 29, 2020
in News
0
Okonjo-Iweala Emerges WTO DG
27
SHARES
54
VIEWS
FacebookTwitterWhatsappTelegram

The Office of the U.S. Trade Representative has explained why the Trump administration is opposed to the selection of former Nigerian finance minister, Ngozi Okonjo-Iweala, as the director-general of the World Trade Organisation (WTO).

The United States said it supported instead Korean Trade Minister Yoo Myung-hee.

RelatedPosts

WTO Postpones Meeting To Pick New DG Indefinitely

WTO: PDP Commends Buhari For Backing Okonjo-Iweala

Okonjo-Iweala Emerges WTO DG

She is “a bona fide trade expert who has distinguished herself during a 25-year career as a successful trade negotiator and trade policy maker, ” the US statement read.

Although the U.S. did not mention Mrs Okonjo-Iweala, it said “The WTO is badly in need of major reform. It must be led by someone with real, hands-on experience in the field.”

The U.S. position was seen Wednesday night as another blow at the WTO by the Trump administration.

U.S. President Donald Trump, who faced a re-election battle on 3 November, had described the WTO as “horrible” and biased towards China.

READ ALSO: Hundreds Of UN Member States Commiserate With Nigeria

The Trump administration has already paralysed the WTO’s role as global arbiter on trade by blocking appointments to its appeals panel.

Now it is threatening to render it leaderless for weeks or months to come.

The WTO itself has called a meeting for Nov. 9, less than a week after the U.S. election, by which time it hopes to have secured full backing for Nigeria’s Ngozi Okonjo-Iweala.

The decision needs to be approved by consensus, however, meaning any of the 164 WTO members could block her appointment.

After weeks of consultations, three WTO ambassadors, the “troika” charged with finding a successor to Brazilian Roberto Azevedo, announced at a meeting in Geneva on Wednesday that the former Nigerian finance minister should be the next chief as she had secured cross-regional backing.

“All of the delegations that expressed their views today expressed very strong support for the process, for the troika and for the outcome. Except for one,” WTO spokesman Keith Rockwell told reporters after the closed-door meeting, specifying that the one was the United States.

William Reinsch, a former senior Commerce Department official now with the Center for Strategic and International Studies said the U.S. move was likely to worsen trade tensions already running high within the WTO.

READ ALSO: US Early Voting Surpasses 70million

It’s very Trumpian. They’re basically saying ‘We want to get our way and we’re willing to throw sand in the gears if we don’t get it’,” he said, adding that it was possibly a bid to gain concessions in other disputes.

A spokeswoman for Okonjo-Iweala said she was “immensely humbled” by the backing of the WTO’s selection committee and hoped for a swift conclusion to the process.

Next steps are uncertain but WTO’s Rockwell said there was likely to be “frenzied activity” before the Nov. 9 meeting to secure the required consensus.

It was not immediately clear if the outcome of the U.S. vote would affect the U.S. position on Okonjo-Iweala’s appointment. By then, Trump may be heading a lame-duck administration.

Many members, including China and the United States, had declined to name their preference publicly before Wednesday although some African, Caribbean and other states had voiced support for Okonjo-Iweala during the four-month selection process.

The European Union endorsed her on Oct. 26.

The leadership void was created after outgoing WTO chief Azevedo stepped down a year early in August. The WTO is currently being steered by four deputies.

Okonjo-Iweala, a 66-year-old former finance minister and World Bank managing director, would face considerable challenges with rival economies bickering amid rising tensions and protectionism during a coronavirus-induced trade plunge.

Okonjo-Iweala, a development expert, has branded herself a “do-er”, saying she has the political clout to command influence in capitals.

Currently chair of the of GAVI vaccine alliance board, she has also said the WTO should play a role in helping poorer countries access COVID-19 drugs and vaccines.It’s very Trumpian.

READ ALSO: Voting Ongoing In Tanzania’s Presidential Election

They’re basically saying ‘We want to get our way and we’re willing to throw sand in the gears if we don’t get it’,” he said, adding that it was possibly a bid to gain concessions in other disputes.

A spokeswoman for Okonjo-Iweala said she was “immensely humbled” by the backing of the WTO’s selection committee and hoped for a swift conclusion to the process.

Next steps are uncertain but WTO’s Rockwell said there was likely to be “frenzied activity” before the Nov. 9 meeting to secure the required consensus.

It was not immediately clear if the outcome of the U.S. vote would affect the U.S. position on Okonjo-Iweala’s appointment. By then, Trump may be heading a lame-duck administration.

Many members, including China and the United States, had declined to name their preference publicly before Wednesday although some African, Caribbean and other states had voiced support for Okonjo-Iweala during the four-month selection process.

The European Union endorsed her on Oct. 26.The leadership void was created after outgoing WTO chief Azevedo stepped down a year early in August. The WTO is currently being steered by four deputies.Okonjo-Iweala, a 66-year-old former finance minister and World Bank managing director, would face considerable challenges with rival economies bickering amid rising tensions and protectionism during a coronavirus-induced trade plunge.Okonjo-Iweala, a development expert, has branded herself a “do-er”, saying she has the political clout to command influence in capitals.

Currently chair of the of GAVI vaccine alliance board, she has also said the WTO should play a role in helping poorer countries access COVID-19 drugs and vaccines.

REUTERS

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Tags: Okonjo-IwealaWTO
Share11Tweet7SendShareShare2
Previous Post

Kloe Kardashian Tests Positive For COVID19 On KUWTK

Next Post

#EndSARS Protest: Ekiti Speaker Inspects Vandalized Properties; Calls For Calm

Related Posts

Akpabio, Not Indisposed Or Rushed To National Hospital – Media Aide

Akpabio: Terror Sponsors Will be Exposed , Must Face Justice

June 8, 2026
FG Shifts Nigerians’ Evacuation From SA to June 10

FG Shifts Nigerians’ Evacuation From SA to June 10

June 8, 2026
Atiku’s Aide Knocks BBC Over Fact Check Report On Tinubu’s CSU Certificate

Atiku: Rescue of 360 Abductees in Borno, Major Relief

June 8, 2026
Tinubu appoints Bianca Ojukwu minister of state, foreign affairs

Nigeria Extends SA Evacuation Screening

June 8, 2026
Next Post
#EndSARS Protest: Ekiti Speaker Inspects Vandalized Properties; Calls For Calm

#EndSARS Protest: Ekiti Speaker Inspects Vandalized Properties; Calls For Calm

Leave a Reply Cancel reply

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

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.