Home » Africa & World Politics, Latest Politics, Women Politics » WTO boss: Coast clear for Okonjo-Iweala as South Korea withdraws candidate – Report

WTO boss: Coast clear for Okonjo-Iweala as South Korea withdraws candidate – Report

South Korea has decided to withdraw its candidate from the World Trade Organisation, WTO, director-general race, according to Washington Trade Daily.

Yoo Myung-hee is South Korea’s Trade Minister and its candidate for the top job at the WTO following the resignation of Roberto Azevedo.

Ngozi Okonjo-Iweala, Nigeria’s candidate in the WTO race, had secured the popular vote by a wide margin on October 28 but was not named DG because the US opposed her candidacy.

The two women are the last candidates standing and the eventual winner will set a record as being the first female WTO DG.

However, there are speculations that the US might change its stance following Donald Trump’s failure to get re-elected as president.

After the October 28 meeting, WTO also said Okonjo-Iweala had the best chance of getting a consensus.

Washington Trade Daily quotes sources as saying South Korea has notified the US of its decision and is expected to make it public “in the coming days.”

“Washington refused to accept the recommendation made by the selection panel chaired by General Council Chair Amb. David Walker that Okonjo-Iweala is the candidate most likely of the two to attract consensus because she clearly carried the largest support by members in the final round and clearly enjoyed broad support from members from all geographic regions and has done so throughout the process.

“Yoo from Korea failed to receive enough support from members of all levels of development -1e., the developed, developing and least developing countries, as well as geographically in comparison to the largest support received by Ms Okonjo-Iweala” the report read.

The November 8 general council meeting scheduled to consider the appointment of the next DG was also postponed.

Another general council meeting has been scheduled for December 17.

-Vanguard

wp_posts

Related Posts

Website Pin Facebook Twitter Myspace Friendfeed Technorati del.icio.us Digg Google StumbleUpon Premium Responsive

Short URL: https://newnigerianpolitics.com/?p=58564

Posted by on Nov 25 2020. Filed under Africa & World Politics, Latest Politics, 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

Headlines

Browse National Politics

Featuring Top 5/1349 of National Politics

Subscribe

Read more

Browse Today’s Politics

Featuring Top 5/38 of Today's Politics

Browse NNP Columnists

Featuring Top 10/1560 of NNP Columnists

Browse Africa & World Politics

Featuring Top 5/2378 of Africa & World Politics

Subscribe

Read more

ADVERTISEMENT

Categories

FEATURED VIDEOS

Advertisements

ARCHIVES

July 2024
S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28293031  

© 2024 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes