February 28, 2021


Dambela Blog

WTO : Okonjo-Iweala, 4 Others Move Up To Next Round

2 min read

WTO : Okonjo-Iweala,  4 Others Move Up To Next Round

Nigeria’s former Minister of Finance , and candidate to the top job of the World Trade Organisation,, Dr Ngozi Okonjo-Iweala who is one of the contestants along other credible candidates has scaled through to the second round successfully.

The other contestants, who are from Kenya, South Korea, Saudi Arabia, and the UK, on Friday moved up to the next round of voting after six days of confidential consultation with members. Amb. David Walker, Chair of the WTO General Council in a briefing on the outcome of the election told the Head of Delegation meeting that the entire organisation’s membership was committed and fully engaged in the consultation process.

The facilitators in the process include Amb.Dacio Castillo, Chair of the Dispute Settlement Body, and Amb.Herald Aspelund, chair of the Trade Policy Review Body. The guidelines for this election has been established by the General Council in a 2002 decision.  Based on the guidelines, the key consideration in determining which candidate is best poised to achieve consensus is the breadth of support each candidate is receiving from members.

According to Walker, the next stage of the consultations would begin on Sept. 24 and end on Oct. 6.

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