Posted on Fri 30 Oct 2020, 10:42 AM

The United States has explained that the reason it moved against the election of former Finance Minister, Ngozi Okonjo-Iweala as the next Director-general of the World Trade Organisation, WTO, was the fact that the UN agency was in dire need of reform which must be driven by ‘’someone with real, hands-on experience.

"In a statement issued by the office of the US Trade Representative, Robert Lighthizer, on Wednesday, the US government said: “The United States supports the selection of Korean Trade Minister Yoo Myung-hee as the next WTO Director-General.

Posted on Thu 29 Oct 2020, 11:11 AM

Key World Trade Organisation (WTO) ambassadors on Wednesday tapped Nigeria’s nominee, Ngozi Okonjo-Iweala, as the best pick to lead the organization, but she was opposed by the United State of America (USA), which said it supported South Korean Trade Minister Yoo Myung-hee instead.

The ‘troika’ of ambassadors heading the WTO’s three main branches determined after four months of consultations with member states that Okonjo-Iweala was the most likely to obtain the consensus needed to take the top job, WTO spokesman Keith Rockwell told reporters.

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