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WTO DG: Joe Biden declares support for Okonjo-Iweala


The Government of Joe Biden of the  United States has thrown its weight behind former Nigerian Finance Minister, Dr. Ngozi Okonjo-Iweala, to lead the World Trade Organization (WTO).

By this development, the final obstacle to her bid to be the first woman to head the Geneva-based trade body has been cleared

“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,” the office of the U.S. Trade Representative said in a statement Friday.

“She is widely respected for her effective leadership and has proven experience managing a large international organization with a diverse membership.” The USTR added it “looks forward to working with a new WTO director-general to find paths forward to achieve necessary substantive and procedural reform of the WTO.”

Recall that South Korean Trade Minister Yoo Myung-hee yesterday withdrew bid to be the DG of the World Trade Organisation (WTO), leaving Nigeria’s Ngozi Okonjo-Iweala as the only remaining candidate for the top job.