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WTO Postpones Meeting To Pick New DG Indefinitely

by Present Nigeria
November 6, 2020
in News, World News
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WTO accepts Okonjo-Iweala’s nomination as DG despite Egypt’s opposition
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The World Trade Organisation has postponed a meeting where members are expected to pick a new Director-General after the United States blocked the favoured candidate, Ngozi Okonjo-Iweala.

The WTO earlier announced that the meeting would hold on 9 November 2020, but AFP reports that the meeting has been postponed indefinitely.

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In a communique, the head of the selection committee told member states that, “It has come to my attention that for reasons including the health situation and current events, delegations will not be in a position to take a formal decision on 9 November.

READ ALSO: WTO DG: Buhari Leads Charge For Okonjo-Iweala,Holds Video Parley With European Council

“I am therefore postponing this meeting until further notice during which period I will continue to undertake consultations with delegations,” he added.

It can be recalled that the United States opposed Nigeria’s Ngozi Okonjo-Iweala as the consensus candidate to lead the WTO.

The US said it is supporting South Korean trade minister, Yoo Myung-hee, to become the Director-General of the World Trade Organisation because she is a “trade expert”.

However, the European Union and WTO’s ambassadors backed Okonjo-Iweala for the position.

Robert Lighthizer, U.S. Trade Representative, while giving reasons for opposing Okonjo-Iweala, who gained American citizenship in 2019, said WTO needs “someone with real, hands-on experience in the field”.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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