Okonjo Iweala
Congratulatory messages have begun to pour in for Dr Ngozi Okonjo Iweala who has been appointed as the next WTO Director-General.
According to the WTO, Okonjo-Iweala makes history as the first woman and the first African to lead the WTO and her term starts on the 1st of March 2021.
In a series of tweets on Monday the WTO said members took the decision to appoint @NOIweala at a special meeting of the General Council, following a selection process that included eight candidates from around the world.
History As WTO Confirms Okonjo-Iweala As Director-General
Channels Television
Updated February 15, 2021
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A file photo of former Minister of Finance, Dr Ngozi Okono-Iweala.
Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala on Monday was confirmed as the next Director-General of the World Trade Organisation.
She is the first woman and the first African to lead the international trade body.
Her term is scheduled to start on March 1.
The term, which is renewable, will expire on August 31, 2025.
“This is a very significant moment for the WTO,” said General Council Chair David Walker of New Zealand who, together with co-facilitators Amb. Dacio Castillo (Honduras) and Amb. Harald Aspelund (Iceland) led the nine-month DG selection process.
“On behalf of the General Council, I extend our warmest congratulations to Dr Ngozi Okonjo-Iweala on her appointment as the WTO’s next Director-General and formally welcome her to this General Council meeting.
“Dr Ngozi, on behalf of all members I wish to sincerely thank you for your graciousness in these exceptional months, and for your patience.
“We look forward to collaborating closely with you, Dr Ngozi, and I am certain that all members will work with you constructively during your tenure as Director-General to shape the future of this organization.”
Quoted in a WTO statement, Dr Okonjo-Iweala said a key priority for her would be to work with members to quickly address the economic and health consequences brought about by the COVID-19 pandemic.
“I am honoured to have been selected by WTO members as WTO Director-General,” she said.
“A strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the COVID-19 pandemic.
“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.”
South Korean Trade Minister Yoo Myung-hee had been the only other remaining contender for the post but pulled out when it became clear that new US President Joe Biden was swinging firmly behind Okonjo-Iweala’s candidacy.
The organisation has been leaderless since Brazilian career diplomat Roberto Azevedo stepped down last August, a year ahead of schedule.
The process of picking one of eight candidates to succeed him had been expected to wrap up by November, but the administration of former US President Donald Trump blocked the consensus to appoint Okonjo-Iweala.
Gov Okowa congratulates Okonjo Iweala
On behalf of all Deltans, I join all Nigerians in congratulating one of our most renowned citizens, Ngozi Okonjo Iweala, on her emergence as the next Director-General of the World Trade Organisation.
Over the years, we have all followed your growth and celebrated your noteworthy achievements. This is why, as you begin your new role at the helm of the WTO, I want you to know that you have the unwavering support of both your home state and your country!
