GENEVA, 5 February 2021 – Nigerian-born Ngozi Okonjo-Iweala is now certain to lead the World Trade Organization (WTO).
On Friday, she became the only candidate left in the running for the post of director-general.
The only other candidate, South Korean Foreign Minister Yoo Myung, puled herself out of the race Friday morning.
The former Nigerian minister of finance failed to complete her clinch of the position last year when it became clear that former US President Donald Trump was opposed to her getting the top job in global trade.
“There was no consensus,” Yoo said Friday after dropping out. “So, we needed enough time for in-depth consultations with important members, including the United States”.
The administration of US President Joe Biden has given its nod of approval to Okonjo-Iweala getting the job, Africa Freedom Network has confirmed from sources briefed on the matter.
President Biden apparently threw his weight behind Okonjo-Iweala because he believes that she is better-suited to ensure that the WTO is “comprehensively” reformed and revitalized.