NewsFG Reiterates Commitment to Ensure Okonjo-Iweala Emerges WTO-DG

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The Federal Government of Nigeria has reiterated its commitment to ensuring that Nigeria’s Ngozi Okonjo-Iweala emerges as the Director-General of the World Trade Organization.

This was disclosed by the Nigeria Ministry of Foreign Affairs in a statement on Thursday.

The statement was signed by the spokesperson of the Ministry, Ferdinand Nwonyo, titled, ‘Update on Ngozi Okonjo-Iweala’s aspiration to lead the World Trade Organization’.

Part of the statement read, “Nigeria will continue to engage relevant stakeholders to ensure that the lofty aspiration of her candidate to lead the World Trade Organization is realized,”

The ministry added that the former Managing Director of the World Bank had secure the support of the majority of the members of WTO while only the United States remained as her opposition.

The statement added that the meeting of the General Council of the WTO has been stated for November 9, 2020, for the final decision on the election process.

The statement read, “The Ministry of Foreign Affairs wishes to inform that the third and final round of the selection process of the Director-General of the World Trade Organization was concluded on Tuesday, 27th October 2020, and the result was formally announced on Wednesday, 28th October 2020.

“The candidate from Nigeria, Dr Ngozi Okonjo-Iweala has secured the support of the majority of the member countries but is yet to be declared and returned the winner.

“This is because apart from winning the election, all the 164 Member States of WTO were expected to adopt the winner by consensus, in accordance with the rule of procedure of the WTO.

“It is important to highlight that Dr Okonjo-Iweala has secured cross-regional backing with only the United States opposing the consensus.”

 

Bada Yusuf Amoo (Correspondent)

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