Ngozi Okonjo-Iweala takes office as the head of the World Trade organization

2021-03-06 12:13:20
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




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