Ngozi Okonjo-Iweala takes office as the head of the World Trade organization
Nigeria History is made as Ngozi Okonjo-Iweala took office as the head of the World Trade organization.
On the 1st March Ngozi Okonjo-Iweala became the first female and the first African director-general to occupy this position.
The United States alongside Trade Minister Yoo Myung-hee of the Republic of Korea had initially refused to join the consensus around Dr Okonjo-Iweala.
The decision to withdraw her candidacy on 5 February was rejected by the administration of newly elected US President.
Joseph R. Biden Jr. dropped the US objection.
Dr Ngozi Okonjo-Iweala said during her 1st speech in her new role the first priority is to quickly address the economic and health consequences brought about by the COVID-19 pandemic.
“I am honored to have been selected by WTO members as WTO Director-General,” said Dr Okonjo-Iweala...I look forward to working with members to shape and implement the policy responses we need to get the global economy going again. Our organization faces a great many challenges but working together we can collectively make the WTO stronger, more agile and better adapted to the realities of today.” said Dr Ngozi Okonjo-Iweala