Connect with us
X
Categories:

News

WTO: Okonjo-Iweala gets EU’s blessing

Published

8 months ago

on

Ngozi Okonjo Iweala

Ngozi Okonjo-Iweala, Nigeria’s onetime finance minister, will receive the backing of European Union governments to emerge the next Director General of the World Trade Organisation (WTO), just as South Korea’s Minister of Trade Yoo Myung-hee will, both of them among the three women out of the five contenders for the top position, Bloomberg reported on Monday.

Download & Install The New ANE Android App To Your Device
Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You.

Envoys from the bloc’s member nations consented in Brussels on Monday, as the build up to the selection of the WTO head approaches its culmination, to endorse Mrs Okonjo-Iweala and Ms Myung-hee, a source close to the matter revealed.

Having hesitated as the only country to join the fray of solidarity behind the women, at a minor meeting of representatives from the 27-country union, Hungary yielded to back their recommendation.

The last two aspirants will be declared after 6th October while a winner will be announced by 7th November.

The vacancy came in August following the resignation of Roberto Azevedo of Brazil one year shy of his tenure end.

Still confronting shocks from the coronavirus crisis, WTO is also challenged by the trade war between the United States and China and is seeing a moment of structural turbulence, marked by “a hobbled administrative system” and absence of capacity to resolve industrial subsidy issues.

Okonjo Iweala, who also was a former managing director in charge of operations at the World Bank, scaled the hurdle of the first round of votes, where three candidates failed to proceed to the current stage.


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Reach us on WhatsApp via: +2348104471989
Quick Reach: Our Service Improvement, Advertise With Us, Send Us Enquiries & Press Releases

Related Posts:

Related Topics:
Click to comment
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Don’t Miss!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.




Latest Exchange Rate

Donate To ANE!


Mind buying a coffee to support us here at All Naija Entertainment?. Yes?

Donate Now
VoIP
Technology3 days ago

VoIP Number: Everything You Need To Know
TikTok
Technology4 days ago

5 things to know about TikTok when it comes to brand marketing
Baby Walkers
Lifestyle2 months ago

Buying Guide On Baby Walkers for 2021
Burna Boy
Entertainment3 months ago

2021 Grammy Awards: Burna Boy Promises An Unforgettable Performance Experience
Lionel Messi Barcelona Sevilla Copa Del Rey Semi Final
Sports3 months ago

Copa del Rey: Barcelona conquer Sevilla despite 2-0 down!!
PANDORA'S BOX Story
Stories3 months ago

[STORY] PANDORA’S BOX (Episode 06)
BITCOiN
Technology4 months ago

Best Time to Sell Your Bitcoin [EASY GUIDE]
BITCOiN
Technology4 months ago

Bitcoin Crashes, Loses $10,000 In Value
News4 months ago

30 Million Nigerians Will Be On Drugs By 2050 – NDLEA
Cristiano Ronaldo
Sports4 months ago

Serie A: Ronaldo’s Brace Set Juventus Free From Crotone
News4 months ago

Fulani Herdsmen Deserve Better Treatment From Nigerians – Bauchi Former Gov
Justin Trudeau
News4 months ago

Insecurity: Canada Issue Warning to Citizens Against Traveling to Nigeria
NCDC Chairman Chikwe Ihekweazu
News4 months ago

Nigeria Govt Confirms Discovery Of New Covid-19 Variant, 15 Others
Akwa Ibom Best Hotels ANE Travels
Lifestyle4 months ago

How To Detect Hidden Camera in a Hotel Room!!
WhatsApp
Technology4 months ago

WhatsApp To Deactivate Messages For Users Who Reject New Terms!!
Nissi
Entertainment4 months ago

Afro-Jazz/funk Singer, Nissi’s ‘Move X 2’ Is A Rare Delightful Visual
Kim Kardashian
Entertainment4 months ago

Kim Kardashian Officially Files For Divorce From Kanye West!!
Kanye West
Entertainment4 months ago

Kanye West Thinks Kim Kardashian Is Divorcing Him Because Of Presidential Run
Banky W and Adesua Pregnant
Entertainment4 months ago

Banky W, Adesua Etomi Welcome Baby Boy!!
JImoh Ibrahim
News4 months ago

Jimoh Ibrahim: Court Vacates Order Against Assets Over Alleged N69.4bn Debt

ANE Billboard Hots!



Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.





Copyright © All Naija Entertainment.

css.php