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the race for the World Trade Organisation director-general position, as Yoo Myung-hee, the South Korean candidate has withdrawn her candidacy, TheCable is reporting.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”.
DSCTDA Sustains Cleanup Exercise at Koka Bridge
el-Rufai Moved from EFCC to ICPC Detention Facility Over Ongoing Investigations
COAS Advocates for Sustainable Veterans’ Welfare Systems Backed by Law
Alleged $6bn Mambilla Fraud: Agunloye Knew Sunrise Power Owner, Leno Adesanya Before Ministerial Appointment – EFCC Witness
Two Arraigned for Alleged N143million Fraud in Benin-City
Court Grants EFCC Interim Attachment Order on Nine Mineral-Laden Trucks Impounded in Ilorin
Isoko North Chairman Commends Peaceful Conduct of APC Council Ward Congresses
Tinubu Signs Order to Eliminate NNPCL’S Deductions, Direct Remittance of Oil Revenues to Federation Account
Electoral Act: It’s Not About Politics, It’s About Process – Tinubu
NDPC Probes Temu for Alleged Violation of Data Protection Act
How FairMoney is Powering the Next Generation of Nigerian SMEs, By James Edeh
Cross-Sector Budget Defense: Sen. Nwoko’s Ensures Active Engagement to Enhance Transparent Resource Allocation
NSCDC Apprehends 10 Vandals, Kidnappers in Abuja
Isoko South Chairman Hands Over 100 Pieces of Chairs Donated to Enwhe Comprehensive High School
