Home » Latest Politics, Top Stories, Women Politics » Okonjo-Iweala speaks on appointment as director-general of WTO

Okonjo-Iweala speaks on appointment as director-general of WTO

Former Nigerian finance minister Ngozi Okonjo-Iweala Monday said she is “honoured” to have been named as the director-general of World Trade Organisation.

Okonjo-Iweala was appointed on Monday, months after key ambassadors of the trade organisation recommended her for the job. Her confirmation was initially stalled by the then Donald Trump administration in the United States’ support for South Korea’s Trade Minister Yoo Myung-hee.

But the administration of the new American president Joe Biden threw its weight behind Okonjo-Iweala after the South Korean minister pulled out of the race.

“A strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the COVID-19 pandemic,” Okonjo-Iweala said after her official confirmation.

“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.”

When she takes office 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.

Dr 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.

-Guardian

 

 

Short URL: http://newnigerianpolitics.com/?p=59349

Posted by on Feb 15 2021. Filed under Latest Politics, Top Stories, Women Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Gov. Wike blasts Senate for confirming ex service chiefs as ambassadors

Headlines

Endorsement of Okonjo-Iweala for WTO job, an important turnaround for US, Nigeria relations – Buhari

Categories

Plot to nail Tinubu before 2023 thickens as EFCC steps up probe

Browse Africa & World Politics

Featuring Top 3/2065 of Africa & World Politics

Browse National Politics

Featuring Top 5/1075 of National Politics

Anarchy spreading fast in Nigeria, former head of state sounds warning

Browse NNP Columnists

Featuring Top 10/1448 of NNP Columnists

Tension as Sule Lamido lambasts Tinubu, Fashola over attack on Fulani in South-West

Advertisements

--

FEATURED VIDEOS

With new Ohaneze leadership, Igbos ready to play politics beyond the Niger

ARCHIVES

February 2021
S M T W T F S
« Jan   Mar »
 123456
78910111213
14151617181920
21222324252627
28  

© 2021 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes