Featured Politics News World News

WTO: Stiglitz, Others Urge Biden to Back Okonjo-Iweala

Former senior United States government officials have advised President Joe Biden to support Nigeria’s candidate, Dr. Ngozi Okonjo-Iweala, to head the World Trade Organisation (WTO) as Director General.

 Okonjo-Iweala, who would be the first woman to lead the WTO is a dynamic leader who has the vision to manage the Geneva-based trade body through an era of reform, ex-officials including former World Bank Chief Economist, Joseph Stiglitz and former United Nations Ambassador John Negroponte, said in a letter to Biden posted on AllAfrica.com.

But for the opposition of the United States, Okonjo-Iweala would have been announced on Wednesday as the first female and African to lead the global trade body.

 In the race for the post, she had garnered the votes of 163 of the 164 members of the trade organisation, to be named the preferred candidate for the job compared to her challenger, Ms. Yoo Myung-hee of South Korea, backed by the US. By WTO regulations, the director-general should emerge by consensus.

The letter from the former senior US officials read: “Among the many critical matters before you and your cabinet is the leadership of the WTO. It was no surprise to us that a stellar Nigerian-American, Dr. Ngozi Okonjo- Iweala, emerged as the consensus candidate for the position of Director-General of the WTO having won the support of the overwhelming majority of member nations, including America’s leading trading partners in the European Union.

 “The arbitrary opposition to her candidacy from the Trump Administration in October 2020 continues to baffle trade leaders and experts around the world. In round after round of competition, Dr. Ngozi Okonjo-Iweala won against her competitor for the post, South Korean Trade Minister Yoo Myung-hee.

“The Trump Administration’s contentious practice of pitting America against multilateral alliances was in full display in this WTO race. We write to respectfully encourage you to support the candidacy of the eminently qualified Dr. Ngozi Okonjo-Iweala as she seeks to become the next Director-General of the WTO.”

 They stressed that, “Okonjo-Iweala is a dynamic woman of vision who can guide the WTO through its era of reform. She possesses a very rare combination of leadership and experience that is deeply grounded in international trade, finance, economics and diplomacy.

“Her selection, as the first American and woman of color to serve as the WTO’s director-general will send a clear message of inclusion to the rest of the world.”

While highlighting the specific qualifications of the Nigeria’s two-term former Finance Minister, they pointed out that, “as an economist with degrees from both Harvard University and MIT, she has been sure-footed throughout her career in articulating a compelling, nuanced vision for the future of global trade in goods and services and the institutions that support it.”

 They added: “She is a consummate diplomat seasoned in building coalitions. For example, she helped negotiate a politically delicate multilateral replenishment — on the order of $49 billion — for the International Development Association, the World Bank’s lending arm for the poorest nations.

“As a dual citizen of the United States and Nigeria, she has established herself as a highly respected authority in both nations, especially on issues related to global development. During her meteoric rise through the World Bank ranks to the position of Managing Director, she gained invaluable experience in managing the complex relationships between development issues, institutions, business interests and measurable outcomes.

 “This experience, together with her recently completed five-year tenure as board chair of GAVI— the Global Alliance for Vaccines and Immunization— perfectly position her to help build pragmatic solutions for pandemic-related trade and intellectual property challenges across diverse global stakeholders.

“We know Dr. Okonjo-Iweala and have found her to be a woman of integrity, an honest broker and a pragmatist who consistently delivers results. We believe strongly that she can be a transformative director-general, one who — with your support — will be embraced and effective within and beyond the WTO.

 “In sum, Dr. Ngozi Okonjo-Iweala is a uniquely qualified leader poised to help the WTO evolve and succeed for future generations. She is a leader who can also be relied on to pay due attention to the concerns many Americans have about global trade. She has what it takes to lead WTO reforms and take the organisation into the future.” Those who signed the letter include the following:

The Hon. Mimi Alemayehou

Former Executive Vice President, U.S. Overseas Private Investment Corporation (OPIC)

 Former U.S. Executive Director of the African Development Bank

Ambassador Johnnie Carson

Former U.S. Assistant Secretary of State for Africa Affairs

Former U.S. Ambassador to Kenya, Zimbabwe, and Uganda

Teresa Clarke

Chairman and CEO, Africa.com

Ambassador Herman J. “Hank” Cohen

Former U.S. Assistant Secretary of State for African Affairs

 President & CEO, Cohen and Woods International

Akunna Cook

Former U.S. Foreign Service Officer

Founder and Principal, Drake Road Strategies

John G. Coumantaros

Chairman of Flour Mills of Nigeria

Chairman CEO of Southern Star Shipping Co Inc (New York)

Founding Member of US Nigeria Council

 Ambassador Ruth Davis

Former U.S. Ambassador to the Republic of Benin

Former Director, U.S. Foreign Service Institute

Former Director General, U.S. Foreign Service and Director of Human Resources

The Hon. Vivian Lowery Derryck

Former Deputy Assistant Secretary (EEO and Civil Rights), U.S. Department of State

Founder of the Bridges Institute

 Former Assistant Administrator for Africa, USAID

The Hon. Lauri Fitz-Pegado

Former Assistant Secretary

Director General, U.S. Foreign Commercial Service

Melvin Foote

President & CEO, Constituency for Africa

The Hon. Tony Fratto

Former Assistant Secretary, U.S. Treasury

 Former White House Deputy Press Secretary

Managing Partner Hamilton Place Strategies

Ambassador Jendayi Frazer

Former U.S. Assistant Secretary of State, Bureau of African Affairs

Former U.S. Ambassador to South Africa

Former Special Assistant to the President & Senior Director for African Affairs, National Security Council

President & CEO, 50 Ventures LLC

 Ambassador Michelle D. Gavin

Former U.S. Ambassador to Botswana

Former Senior Director for Africa, National Security Council

Dr. Gloria Herndon

Former Foreign Service Officer, U.S. Department of State

Chair Corporate Board, National Association for Equal Opportunity in Higher Education (NAFEO)

CEO, GB Group

 Cameron Hudson

Former Director, African Affairs, National Security Council

Senior Fellow, Atlantic Council Africa Center

Ambassador Makila James (ret.)

Former Deputy Assistant Secretary, East Africa and The Sudans, U.S. Department of State

Former U.S. Ambassador to The Kingdom of Swaziland

Ambassador (ret.) Howard F. Jeter

 Former U.S. Ambassador to Nigeria and Botswana

Former Special Presidential Envoy to Liberia

Jeffrey Krilla

Former Deputy Assistant Secretary of State

Florie Liser

Former Assistant U.S. Trade Representative for Africa

President and CEO of Corporate Council on Africa (CCA)

Clay Lowery

 Former Assistant Secretary, U.S. Treasury

Former Director, International Finance, National Security Council

Ambassador (ret.) Terence P. McCulley

Former U.S. Ambassador to Mali, Nigeria and Côte d’Ivoire

Chairman, US-Nigeria Council for Food Security, Trade and Investment

Mora McLean

President Emerita, Historian, and Program Strategist, The Africa-America Institute

 Former Chair, USTR Trade Advisory Committee on Africa

Cheryl Mills

Former Counselor and Chief of Staff, Office of the Secretary, U.S. Department of State

Former Deputy Counsel to the President, The White House

Todd Moss, PhD

Former U.S. Deputy Assistant Secretary of State

Ambassador John Negroponte

 First Director, National Intelligence

Former Ambassador to the United Nations

Former Deputy Secretary of State

The Hon. Constance Berry Newman

Former Assistant Secretary of State for African Affairs

Chair of the African Renaissance and Diaspora Network

Thomas R. Nides

Former Chief of Staff, Office of the United States Trade Representative

 Former Deputy Secretary of State for Management and Resources, U.S. Department of State

Vice Chairman, Morgan Stanley

Bernadette Paolo

Former Staff Director, U.S. House of Representatives Subcommittee on Africa

Co-founder & Former CEO, The Africa Society

Bobby J. Pittman

Deputy Assistant Secretary for International Finance and Debt, U.S. Department of Treasury

 Special Assistant to the President & Senior Director for African Affairs, National Security Council, White House

Pearl Robinson

Associate Professor, Tufts University

Past President, The African Studies Association

Ambassador Robin Renee Sanders

Former U.S. Ambassador to Nigeria

Former U.S. Ambassador to ECOWAS

 Former U.S. Ambassador to Republic of Congo

Former Africa Director, National Security Council


Jeannine B. Scott

Chairman, Constituency for Africa (CFA)

Principal, America to Africa Consulting (A2A)

Former Alternate & Advisor to the U.S. ED at the African Development Bank

Timothy Shortley

 Former Director, African Affairs, National Security Council

Chief Operating Officer, 50 Ventures, LLC

Ambassador John Simon

Former Senior Director, National Security Council

Former U.S. Ambassador to the African Union

Managing Partner, Total Impact Capital

Member, USTR Trade Advisory Committee for Africa

 The Hon. Gayle Smith

Former Administrator, USAID

Former Special Assistant to the President & Senior Director for African Affairs, National Security Council

Joseph E. Stiglitz

Former member and Chair of the Council of Economic Advisers

University Professor, Columbia University

Chief Economist, Roosevelt Institute

 Former Chief Economist of the World Bank

Recipient of Nobel Memorial Prize in Economics, 2001

Rosa Whitaker

Former Assistant United States Trade Representative for Africa

President, The Whitaker Group

Related posts

Power Minister urges stakeholders to adhere to guidelines


PDP National Chairman leads protest on Supreme Court judgment on Imo governorship election


FCT Police Command gets new Commissioner


Funding structure for Ajaokuta-Kano gas pipeline project almost ready – NNPC


Buratai inspects multiple projects in Jos cantonment

Shile GIWA

Lagos NUJ election: Council elders sue for peaceful campaign

Meletus EZE 
Social Media Auto Publish Powered By : XYZScripts.com