African Group proposes WTO chief for second term, document shows
July 12, 2024
The African Group has asked World Trade Organization (WTO) chief Ngozi Okonjo-Iweala to run for a second term as the head of the global trade watchdog, a document showed on Friday.
Okonjo-Iweala, a former Nigerian finance minister, made history by becoming the first female and African chief of the 30-year-old trade body in 2021. Her term formally ends in August 2025 and she has not yet commented publicly on her plans.
It cited the need to make progress on outcomes under her tenure ahead of the next major ministerial meeting due to be hosted by Cameroon.
Under WTO rules, Okonjo-Iweala, 70, has until the end of November to decide whether to apply.
Some WTO delegates have privately speculated that she may want to avoid a second term if U.S. presidential candidate Donald Trump wins in November, since his administration opposed her appointment.
Okonjo-Iweala has also previously voiced concerns that some of Trump’s proposals could upend the global trading system.
REUTERS