The announcement was released by the World Trade Organization (WTO) via its official Twitter Page monitored by SOJ WORLDWIDE ONLINE NEWS on Monday, February 15, 2021.
“BREAKING: Ngozi Okonjo-Iweala from Nigeria is appointed as the next WTO Director-General.
Dr. Okonjo-Iweala makes history as the first woman and the first African to lead the WTO.
Her term starts on the 1st of March 2021.
More details soon. #WTODG @NOIweala”
“WTO members took the decision to appoint @NOIweala at a special meeting of the General Council, following a selection process that included eight candidates from around the world #WTODG”
According to the tweet, “members made history today (15 February) when the General Council agreed by consensus to select Ngozi Okonjo-Iweala of Nigeria as the organization’s be seventh Director-General.”
Upon resumption on 1 March, Dr Okonjo-Iweala will become the first woman and the first African to be chosen as Director-General. Her term, renewable, will expire on 31 August 2025.
“This is a very significant moment for the WTO. On behalf of the General Council, I extend our warmest congratulations to Dr Ngozi Okonjo-Iweala on her appointment as the WTO’s next Director-General and formally welcome her to this General Council meeting,” said General Council Chair David Walker of New Zealand who, together with co-facilitators Amb. Dacio Castillo (Honduras) and Amb. Harald Aspelund (Iceland) led the nine-month DG selection process.
“Dr Ngozi, on behalf of all members I wish to sincerely thank you for your graciousness in these exceptional months, and for your patience. We look forward to collaborating closely with you, Dr Ngozi, and I am certain that all members will work with you constructively during your tenure as Director-General to shape the future of this organization,” he added.
The elated Okonjo-Iweala said a key priority for her would be to work with members to quickly address the economic and health consequences brought about by the COVID-19 pandemic.
“I am honoured to have been selected by WTO members as WTO Director-General,” said Dr Okonjo-Iweala. “A strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the COVID-19 pandemic. I look forward to working with members to shape and implement the policy responses we need to get the global economy going again. Our organization faces a great many challenges but working together we can collectively make the WTO stronger, more agile and better adapted to the realities of today. The General Council decision follows months of uncertainty which arose when the United States initially refused to join the consensus around Dr Okonjo-Iweala and threw its support behind Trade Minister Yoo Myung-hee of the Republic of Korea. But following Ms Yoo’s decision on 5 February to withdraw her candidacy, the administration of newly elected US President Joseph R. Biden Jr. dropped the US objection and announced instead that Washington extends its “strong support” to the candidacy of Dr Okonjo-Iweala.
Amb. Walker extended his thanks to all eight of the candidates who participated in the selection process and particularly to Ms Yoo “for her ongoing commitment to and support for the multilateral trading system and for the WTO”.
The General Council agreed on 31 July that there would be three stages of consultations held over a two-month period commencing 7 September.
During these confidential consultations, the field of candidates was narrowed from eight to five and then two. On 28 October, General Council Chair David Walker of New Zealand had informed members that based on consultations with all delegations Dr Okonjo-Iweala was best poised to attain consensus of the 164 WTO members and that she had the deepest and the broadest support among the membership.
At that meeting, the United States was the only WTO member which said it could not join the consensus.
EDITOR’S NOTE: JOURNEY OF A MILLION MILES
Now that political space in Nigeria is open and gaining momentum towards the Anambra State governorship election in 2021, Osun State in 2022 and the general elections in 2023, anyone who intends to be a participant in these elections need to start with a bold step now in order to finish well in victory.
We are professionals, just tell us what you want, we will showcase and project you to the whole world at affordable charges.
We are Google approved!
Contact us on 08023851511, 09069473894 or 09053330641 for your advert placement, Press Release, Conference, Interviews, Media and Publicity and so on.
Follow us on Twitter, @WAJU73 or SOJ WORLDWIDE ONLINE NEWS
Leave a Reply