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WTO Panel Recommends Nigeria’s Candidate for Top Post-The Panagora Blog
Nigerian former Foreign and Finance Minister Ngozi Okonjo-Iweala attends a press conference on July 15, 2020, in Geneva, following her hearing before World Trade Organization 164 member states' representatives, as part of the application process to head the WTO as Director General.
Nigerian former Foreign and Finance Minister Ngozi Okonjo-Iweala attends a press conference on July 15, 2020, in Geneva, following her hearing before World Trade Organization 164 member states' representatives, as part of the application process to head the WTO as Director General. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
Nigeria’s former
finance minister Ngozi Okonjo-Iweala received a key endorsement Wednesday from
the World Trade Organization’s selection committee, moving her a step closer to
becoming the WTO’s first female director-general, people familiar with the
matter said.
The
panel of three senior WTO ambassadors told Okonjo-Iweala that she had a wide
margin of support and is best poised to command a consensus from the
organization’s 164 members, according to the people, who declined to be
identified because the discussions are confidential.
The
recommendation helps Okonjo-Iweala clear one of the final hurdles in a complex
and lengthy process aimed at naming the next leader of the WTO during the most
turbulent period of its 25-year existence.
Okonjo-Iweala,
66, twice served as Nigeria’s finance minister and has experience working at
international governance bodies as a former managing director of the World Bank
and as a chair at the Global Alliance for Vaccines and Immunization.
Okonjo-Iweala
campaigned as a WTO outsider and a reformer who told Bloomberg she plans to
bring a “fresh set of eyes” to a deeply dysfunctional organization.
“I’m
known as a strong reformer,“ she told Bloomberg in an interview. “My whole
career at the World Bank has been involved with reforms in countries that have
been beneficial.”
Next Steps
Looking
ahead, the WTO’s leadership selection process is either nearing an end or it’s
about to get messy.
Delegates
for the members are expected to hold a general council meeting in the coming
days to make a formal decision to determine if there is indeed consensus
support for Okonjo-Iweala.
It
is possible that the process may drag out if nations like the U.S. decide to
oppose a decision to appoint Okonjo-Iweala.
U.S.
Trade Representative Robert Lighthizer has pushed for South Korea’s candidate,
Yoo Myung-hee, even though Okonjo-Iweala gained U.S. citizenship in 2019.
Sources
close to Lighthizer say he views Okonjo-Iweala as being too close to pro-trade
internationalists in Washington like Robert Zoellick, a former USTR who worked
with Okonjo-Iweala when he was president of the World Bank.
An
impasse in the WTO leadership race wouldn’t likely bother President Donald
Trump, who has blasted the Geneva-based organization as a tool for globalists
who allowed China’s economic rise to go unchecked.
If
Trump wins the U.S. election next week, his aides have indicated they plan to
continue to reshape the WTO with a narrower scope to resolve trade disputes.
If
it’s not possible for the general council to agree on a consensus candidate,
WTO members can consider the possibility of recourse to a vote as a last resort
by a procedure to be determined at that time. Such a development would be
unprecedented for the WTO.
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