The path has been cleared for Dr Ngozi Okonjo-Iweala for the Director-General of the World Trade Organization as the last opponent Yoo Mhung-Hee of the Republic of Korea pulls out of the race.
Dr Okonjo-Iweala expressed her appreciation after the United States of America showed it’s strong support for the candidacy of Dr Ngozi Okonjo-Iweala as the next Director-General of the WTO.
She wrote on her official Twitter page;
“Grateful for the expression of support from the US today for DG @WTO. Congratulations to Madam Yoo of Rep. Korea for a hard-fought campaign. Thank You President Muhammadu Buhari @MBuhari & all Nigerians for your unflinching support. Thank you, friends. Love to my family. Glory to God.”
Meanwhile, read the official expression of support by the United States below;
The United States takes note of today’s decision by the Republic of Korea’s Trade Minister Yoo Myung-hee to withdraw her candidacy for Director-General of the World Trade Organization (WTO).
The Biden-Harris Administration is pleased to express its strong support for the candidacy of Dr Ngozi Okonjo-Iweala as the next Director-General of the WTO. Dr Okonjo-Iweala brings a wealth of knowledge in economics and international diplomacy from her 25 years with the World Bank and two terms as Nigerian Finance Minister. She is widely respected for her effective leadership and has proven experience managing a large international organization with a diverse membership.
The Biden-Harris Administration also congratulates Minister Yoo Myung-hee on her strong campaign for this position. She is a trailblazer as the Republic of Korea’s first female trade minister and the first candidate from Korea to advance this far in the Director-General selection process. The United States respects her decision to withdraw her candidacy from the Director-General race to help facilitate a consensus decision at the WTO.
It is particularly important to underscore that two highly qualified women made it to the final round of consideration for the position of WTO Director-General — the first time that any woman has made it to this stage in the history of the institution.
The United States stands ready to engage in the next phase of the WTO process for reaching a consensus decision on the WTO Director-General. The Biden-Harris Administration looks forward to working with a new WTO Director-General to find paths forward to achieve necessary substantive and procedural reform of the WTO.”
Dr Okonjo-Iweala will be the first woman and first African to head the World Trade Organisation.
