Connect with us

FEATURED

WTO’s Plum Job: Nigeria Begins Diplomatic Actions To Head-off U.S Opposition Against Okonjo-Iweala

Published

on

Okonjo-Iweala





As the world awaits the outcome of the final consensus decision on the next World Trade Organisation, WTO, there are indications that Nigerian government may have started diplomatic actions to head-off opposition from the United States of America, USA, against the emergence of Nigeria’s Okonjo-Iweala for the job.

According to report in Vanguard quoting an anonymous source at the Ministry of Trade and Investment, the government was taking steps to prevent USA’s opposition from snowballing into adverse swing in the support base for Nigeria’s nominee.

Okonjo-Iweala had received endorsement from the majority of the voting members of the WTO giving her a clear lead over the contending candidate, South Korea’s trade minister, Mrs Yoo Myung-hee.

Advertisement

But sources close to the WTO as well as western media outlets have indicated that the USA was drumming support in favour of Myung-hee, while advancing reasons why Okonjo-Iweala should not get the job.

BREAKING: Nigeria’s Nominee, Okonjo-Iweala Sets To Clinch WTO’s Plum Job — Report

A top trade ministry source said, “the Ministry was aware of USA’s position long before now and we are not folding our hands”.

Advertisement

He also added, “we are confident that most of the countries that have expressed support would not back out under pressure from USA.”

He declined to give details of what the government was doing to ensure the support of the majority of the WTO Council members.

Okonjo-Iweala emerged winner of the highly competitive race, polling 104 endorsements out of 164 member countries at the final stage of the race earlier this week.

Advertisement

The process of picking WTO’s DG/ Chief Executive is based on consensus building where the voting members are expected to adopt any candidate that commands acceptance of the majority of the voting members.

However, where such consensus was not achieved, the Council members will resort to outright voting with the highest number of votes deciding who gets the job.

The endorsements, which still needs full WTO approval caps a more than four-month selection process involving intensive lobbying.

Advertisement

However, Deputy U.S. Trade Representative, Dennis Shea, said during a meeting of WTO delegates in Geneva yesterday, that his country would not support a consensus decision to appoint Okonjo-Iweala.

All WTO decisions are taken by a consensus of its 164 members, which means the U.S. move will act as a veto that disrupts the process.

The recommendation of Okonjo-Iweala was made by three WTO ambassadors, the so-called “troika”, after consulting with members in a series of closed-door meetings in Geneva as part of an intricate and opaque process that some have compared to a papal succession.

Advertisement

A WTO official said the organisation would continue to push for a consensus ahead of meeting of its General Council tentatively set for November 7, but a decision should be taken before that date whether by consensus or voting.

FEATURED4 hours ago

Oborevwori Expresses Shock as DSS Intercepts Cache of Sophisticated Weapons in Asaba

COMMUNITY REPORT5 hours ago

Delta Council Boss Urges Teachers to be Committed, Dedicated to their Duties

FEATURED20 hours ago

2027: Sen. Nwoko Declares ‘100% Vote’ for Oborevwori, Tinubu in Delta North

FEATURED22 hours ago

Okowa Hails Tinubu’s Economic Reforms, Urges Unity in Delta APC

FEATURED1 day ago

Intrigues as Delta APC Officially Endorses Tinubu, Oborevwori as 2027 Presidential and Gubernatorial Candidates

international fraud ring
FEATURED2 days ago

Fred Ajudua’s Legal Drama Deepens as He Withdraws Supreme Court Motion, Urges Court to Rule on Bail

COMMUNITY REPORT3 days ago

Gov. Oborevwori Mourns Business Mogul, Chief Andrew Okocha

FEATURED3 days ago

EFCC Arraigns Ex-NSITF Boss, Ngozi Olejeme for Alleged N1bn Fraud

FEATURED3 days ago

Delta Police Bust Suspected Ritualists’ Hideout, Arrest One, Two Internet Fraudsters

FEATURED3 days ago

Delta 2027:’Political Colonels’ Pledge to Deliver Ughelli South 100 Percent to APC

FEATURED3 days ago

Delta Sets for 2026 Appropriation Bill, Approves Budget Framework

OPINION4 days ago

WHY WOMEN SHOULD SUPPORT ANIOMA STATE CREATION, BY FAITH CHIAZOR

FEATURED4 days ago

JUST IN: President Tinubu Pardons Nnamdi Azikiwe, Herbert Macaulay, Vatsa, 173 Others

FEATURED5 days ago

BREAKING: Council of State Approves Tinubu’s Appointment of Prof Amupitan as New INEC Chairman

COMMUNITY REPORT5 days ago

Sen. Nwoko Intervenes After Ndokwa Nation’s IPP Protest at National Assembly

Advertisement
Advertisement