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WTO DG: FG to engage stakeholders in final push for Okonjo-Iweala

Okonjo-Iweala

The Federal Government has said that despite the opposition of the United States to the candidacy of Nigeria’s Ngozi Okonjo-Iweala, as the Director-General of the World Trade Organisation, (WTO), Nigeria will continue to engage relevant stakeholders to ensure that the lofty aspiration of her candidate to lead the World Trade Organization is realised.

The Ministry of Foreign Affairs, in a statement issued by its spokesman, Ferdinand Nwonye on Thursday, informed the public that the third and final round of the selection process of the Director-General of the World Trade Organization (WTO) was concluded on Tuesday, 27th October 2020 and the result was formally announced on Wednesday, 28th October 2020.

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“The candidate from Nigeria, Dr Ngozi Okonjo-Iweala has secured the support of the majority of the member countries but is yet to be declared and returned the winner. This is because apart from winning the election, all the 164 Member States of WTO were expected to adopt the winner by consensus, in accordance with the rule of procedure of the WTO. It is important to highlight that Dr Okonjo-Iweala has secured cross-regional backing with only the United States opposing the consensus.

“The Ministry wishes to further inform that a meeting of the General Council of the WTO has been scheduled for November 9, 2020, for the final decision on the election process.

“Nigeria will continue to engage relevant stakeholders to ensure that the lofty aspiration of her candidate to lead the World Trade Organization is realized,” the statement said.