Featured Politics News

General Council to announce Okonjo-Iweala WTO’s D-G February 15

The World Trade Organisation, WTO’s General Council will hold a special meeting next Monday, February 15, at 3p.m., to consider the appointment of the next Director-General.

The meeting will take place in a virtual format.

 Vanguard reported that of the final two candidates for the WTO top job, Yoo Myung-hee, South Korea’s Trade Minister, withdrew from the race.

This leaves Dr. Ngozi Okonjo-Iweala, Nigeria’s candidate, as the sole choice for the position.

Therefore, the General Council’s meeting of February 15 is just a formality to appoint Dr. Okonjo-Iweala as WTO’s D-G.

Meanwhile, in a statement, the Council explained WTO’s Director-General’s selection process:

 The procedures for appointing the WTO Director-General are described in document WT/L/509.

The nomination period for the 2020 D-G selection process ended on July 8, with eight candidates nominated by their respective governments.

On July 13, the General Council agreed that there would be three stages of consultations with WTO members commencing on September 7, to assess their preferences and to determine which candidate is best placed to attract consensus support. 

The General Council Chair announced on September 18 the results of the first round of consultations and the five candidates advancing to the next stage.

On October 8, he announced the results of the second round of consultations and the two candidates advancing to the third round.

The results of the final round of consultations were announced on October 28.

Related posts

Saraki in custody — EFCC spokeperson

Meletus EZE

Trading sustains growth on NSE, index up by 1.07%

Editor

Global Stock Markets Lose $18tn to Pandemic, Says Report

Our Reporter

2022: budget deficit jumps to N7.35trn, Buhari to borrow N965bn

Our Reporter

Oil rises towards $65 on fears of U.S. attack on Iran

By Abisola THOMPSON

House poised to move Trump impeachment charges to Senate next week

Meletus EZE