General News

Africa proposes WTO chief for second term

Date: Jul 12, 2024

The African Group has asked World Trade Organization (WTO) Chief, Ngozi Okonjo-Iweala, to run for a second term as the Head of the global trade watchdog, a document showed today.

Okonjo-Iweala, a former Nigerian Finance Minister, made history by becoming the first female and African chief of the 30-year-old trade body in 2021. Her term formally ends in August 2025, and she has not yet commented publicly on her plans.

"The African Group is of the view that it would be in the best interest of the Organization if the process of reappointment were to start early," according to the document sent by Chad, asking Okonjo-Iweala to make herself available for reappointment.

It cited the need to make progress on outcomes under her tenure ahead of the next major ministerial meeting due to be hosted by Cameroon.

Under WTO rules, Okonjo-Iweala, 70, has until the end of November to decide whether to apply.

Some WTO delegates have privately speculated that she may want to avoid a second term if United States presidential candidate Donald Trump wins in November, since his administration opposed her appointment.

Okonjo-Iweala has also previously voiced concerns that some of Trump's proposals could upend the global trading system.

--Reuters--

 

Comments

comments powered by Disqus

Web Content Viewer (JSR 286)

Actions
Loading...
Complementary Content
CLOSE

Your Name:*

Your Email:*

Your Message:*

Enter Captcha:*