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WTO: Dr. Ngozi Okonjo-Iweala Advances Final Stage Of DG Selection

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Nigerian Doctor Ngozi Okonjo-Iweala together with South Korea’s Yoo Myung-hee to advance to the final round in the race to lead the Geneva-based trade body, according to people familiar with the matter.

The duo was selected by World Trade Organization (WTO) members, which is to say that WTO will likely have the first female director-general in its 25-year history.

WTO General Council Chairman David Walker plans to formally announce the results to the institution’s delegates on Thursday morning in Geneva. 

The third and final phase of the consultation process will begin later this month and run until Nov. 6, after which the WTO will endeavor to name a consensus winner of the race. 

The United Kingdom’s Liam Fox, Kenya’s Amina Chawahir Mohamed Jibril, and Saudi Arabia’s Mohammad Maziad Al-Tuwaijri did not secure enough support in the second round of consultations, according to people familiar with the matter.

Okonjo-Iweala served two stints as Nigeria’s finance minister and one term as foreign affairs minister. 

She has experience working at international governance bodies as a former managing director of the World Bank and as a chairman at the Global Alliance for Vaccines and Immunization. 

Yoo is South Korea’s trade minister. During her 25-year career in government, she has helped expand her country’s trade network through bilateral accords with the U.S., China, and the U.K. 

 

 

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