FEATURED
BREAKING: Nigeria’s Okonjo-Iweala Becomes Lone Candidate For WTO Job As Korea Withdraws Candidate
Nigeria’s Ngozi Okonjo-Iweala is now the sole candidate left in the race for the World Trade Organisation director-general position, as Yoo Myung-hee, the South Korean candidate has withdrawn her candidacy, TheCable is reporting.
Yoo Myung-hee is South Korea’s trade minister and its candidate for the top job at the WTO following the resignation of Roberto Azevedo.
Ngozi Okonjo-Iweala, Nigeria’s candidate in the WTO race, had secured the popular vote by a wide margin on October 28 but was not named DG because the US opposed her candidacy.
The two women are the last candidates standing and the eventual winner will set a record as being the first female WTO DG.
After the October 28, 2020, meeting, the WTO also said Okonjo-Iweala had the best chance of getting a consensus.
“Due to the prolonged vacancy of the leadership at the WTO, the future of the organization also has become uncertain,” Yoo said at a press briefing in Seoul.
“To speed up the consensus-building among the member countries on selecting a new director-general, I have decided to renounce my candidacy through close cooperation with the United States, our strong ally.
“Washington, which showed strong support for my candidacy, also respects the decision to step down from the race.”
The US had said it favoured Yoo over Okonjo-Iweala because WTO is in dire need of reform and must be “led by someone with real, hands-on experience in the field”.
CEO Wellmann Group, Deacon Chris Iyovwaye, Proposes a 7-point Agenda to Bridge Devt Gap in Delta
Sen. Nwoko Reaffirms Commitment to Raise Global Awareness on Malaria Eradication in Africa
Bayelsa Declare 3-days Mourning, Flags to Fly at Half-mast to Honour Late Deputy Governor
Alleged $1m Theft: Ex-P-Square Manager, Jude Okoye’s Wife Owns 800,000 Shares in Company-Witness
Fubara Says His Defection is to Repay Tinubu’s Favour
Contract Fraud: Ngige Remanded in Prison, Bail Application Adjourned Till Dec 15
Explosion Rocks Delta as NNPCL Confirms ‘Breach’ in Escravos–Lagos Pipeline
Malami: Anti-Corruption Fight Has Derailed Into a Full-blown Political Witch-hunt — Atiku
Rivers Crisis Deepens as Assembly Accuses Gov. Fubara of Alleged Unauthorized Expenditure and Awarding Contracts Illegally
Details Emerge on Bayelsa Deputy Governor’s Death After Office Incident
Delta: Ogorugba Gets Certificate as ‘Outstanding’ Progressive Leader Under Renewed Hope/More Agenda
Tompolo, Ijaw Monarchs Offer Thanksgiving to Egbesu Deity
Bishop Bulus Confirms Release of 100 Abducted Catholic School Children
Senate C’ttee on Crude Oil Meets with NNPC, Investigates Past and Present Oil Losses
