U.S rejects Okonjo-Eweala.

U.S reject Okonjo-Eweala

The U.S rejects the appointment of Nigeria’s former Finance Minister, Dr. Ngozi Okonjo-Iweala, as the new Director General of the World Trade Organisation (WTO) by decision of the members.

Bloomberg reported on Wednesday that Trump’s administration said it won’t back the appointment of Okonjo-Iweala to be the WTO’s next director-general.

The Deputy U.S. Trade Representative, Dennis Shea reportedly said this during a meeting of WTO delegates in Geneva, according to the Bloomberg’s report.

“All WTO decisions are taken by an agreement of its 164 members, which means the U.S. move is a veto to disrupt the process.

“A WTO official said work would continue to reach a consensus ahead of meeting of the General Council tentatively set for Nov. 9,” the report said.

This came after Okonjo-Iweala, Nigeria’s former finance minister, received a key endorsement on Wednesday from the WTO selection committee, which moved her a step closer to becoming the WTO’s first female director-general.

U.S. disagreed with the way in which the process was being carried out.

Okonjo-Iweala was closer to victory to become the next DG of WTO earlier on Wednesday.

Due to reports from key officials at Geneva, Switzerland, the headquarters of WTO, she had gained more support to overtake her rival, South Korea’s Ms Yoo Myung-hee.

 A tweet from WTO says  “as the WTO is on the verge of getting its first female Director-General, we celebrate the Women Pioneers of the Organization."

“These women have made significant contributions to the WTO and have shaped int’l trade as we know it.”

WTO said in 2005, Arancha González became the first woman to serve as a Chief of Staff to a WTO Director-General, working in the cabinet of Pascal Lamy.

Eight years later in 2013, Arancha was appointed as the Executive Director of the International Trade Centre.

Sunanta Kangvalkulkij is the first Asian woman to serve as the Chair of the WTO General Council in 2019, the Organization’s highest-level decision-making body in Geneva.

Okonjo-Iweala, in a recent tweet, lauded her scores of supporters.

She says “Grateful for the endorsement of my WTO DG bid by such internationally renowned and respected leaders as Mary Robinson, Mo Ibrahim, Aliko Dangote, Strive Masiyiwa, (among others).”

She also assured that the benefits of WTO and of trade must be brought home to the ordinary woman and man on the street.

“Grateful for your endorsement as WTO DG,” she added.

From PHOENIX

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