34.4 C
Ghana
Friday, October 30, 2020

Nigeria’s Okonjo-Iweala confident of landing top WTO job

Popular Stories

“I Can’t Believe You Used Your Nonsense Mouth To Kiss Genevieve, Omotola And Ini Edo In Movies

ADVERTISEMENT It appears that the backlashes from the public to actor and politician Desmond Elliot isn’t ending anytime soon as...

You are slowly killing yourself as a man, if you still do any of these five things for fun

Yes, existence has no duplicate and there is no specific way or technique round it. So the earlier than you take these...

Do this anytime you get entangled with Spider Webs on your face

There has been several interpretation regarding getting into contact with cobwebs or spider web. Some people tend to read spiritual meanings into...

Don’t die young please stop doing these 5 things it harms your kidney

If you want to live long and healthy please decease from all these things i have mentioned below. Remember, Good health is...
Ernest Gyeduhttps://hypercitigh.com
Ernest Gyedu also known as Fantasma is a Socio economic data analyst who also has knowledge in Geospatial analysis. He is a hardworking goal driven and determind young lad who holds the portfolio of co-founder and managing director of hypercitigh media group.
- Advertisement -


– Advertisement –

Nigeria’s Ngozi Okonjo-Iweala voiced confidence Friday in her quest to lead the crisis-wracked World Trade Organization after all of Africa backed her candidacy, vowing she would champion reform.

- Advertisement -

“I feel the wind behind my back,” she told a virtual press briefing after the 55-member African Union officially supported her over her sole remaining opponent, Yoo Myung-hee of South Korea.

The global trade body is set to be led by a woman for the first time whichever of the two candidates is successful in their bid to follow Roberto Azevedo, who stepped down as WTO director-general in August a year ahead of schedule.

Okonjo-Iweala, 66, who served as her country’s first female finance and foreign minister and has a 25-year career behind her as a development economist at the World Bank, said it would be good if WTO could also boast its first African leader.

- Advertisement -

“If that person is African and a woman, I think that is great. Because… neither an African nor a woman has led the organisation,” she said.

– Advertisement –

But at a time when the WTO is engulfed by multiple crises, she stressed that the new chief must above all be highly skilled in political and diplomatic negotiations, as well as at the managerial level.

- Advertisement -

“The WTO at this time with the challenges it confronts needs a very competent Director General who is able to have the political reach and stature to be able to do reforms and deal at very high levels,” she said.

“It is not only having those skills, but having them all meet in one person at this juncture when the WTO needs that.”

‘Reform candidate’

Even before the Covid-19 crisis hit, the WTO was already grappling with stalled trade talks and struggling to curb tensions between the United States and China.

READ ALSO:  Ecowas lifts sanctions imposed on Mali
READ ALSO:  White students 'cut off' black girl's dreadlocks in Virginia

– Advertisement –

The global trade body has also faced relentless attacks from Washington, which has crippled the WTO dispute settlement appeal system and threatened to leave the organisation altogether.

Okonjo-Iweala said she had broad experience in championing reform and was the right person to help put the WTO back on track.

“I am a reform candidate and I think the WTO needs the reform credentials and skills now.”

The initial pool of eight candidates for the WTO’s top post, which has been whittled down over two rounds of consultations, had included three Africans, and the AU had until now refrained from offering an official endorsement.

The third and final round of consultations seeking to establish consensus around one candidate is due to begin next week and end on October 27, with the announcement due in early November.

Okonjo-Iweala said Friday she was thrilled to learn that “all African countries are getting behind me.”

In addition, she said, a group of Caribbean and Pacific states had also said they would back her, bringing the number of  countries officially endorsing her candidacy to 79.

She also said she felt “optimistic” about her support in Latin America, and said she felt she had gotten “very good traction and good support” in Asia so far.

The European Union was meanwhile due to announce its preference “soon”, she said.

“I feel quite confident that across the regions, we will be able to attract” support, Okonjo-Iweala added.

 

 

Source: AFP

- Advertisement -
- Advertisement -

More articles

Latest article

My Exim bank ambassadorial role did not come with money – Shatta Wale

Shatta Wale has denied claims by the Kumbugu MP, Ras Mubarak, that he received about ¢2 million to serve as an ambassador for...

MTN’S profit rises by 53.1% to GHS1.05 billion from Jan – Sept 2020

MTN Ghana’s profit after tax from January to September 2020 has risen to GHC 1.053 billion. This is 53.1 percent higher when compared to...

Nigerian Rapper Pepenazi Marries Fianceè, Janine

Nigerian rapper, Pepenazi has married fiancée, Janine in a simple ceremony on Friday.Reports indicate that the marriage took place at Ikoyi registry in...