United States: The General Council of the World Trade Organization will formalize the election of Ngozi Okonjo-Iwela as Director on February 15th.

Madrid, February 9 (Europe Press) –

The General Council of the World Trade Organization will meet in an unusual way on February 15th at 3:00 pm to formalize the appointment as Director Ngozi Okonjo-Iweala, who in recent days obtained US approval, to revoke her appointment.

Okonjo-Iweala received the green light from the new President of the United States, Joe Biden. His predecessor in office, Donald Trump, had decided to single-handedly support the other candidate, South Korean Yu Myung-hee, preventing a unanimous decision among all countries. After the withdrawal of the South Korean minister and the arrival of the new administration to the White House, an agreement was reached.

The candidate has extensive experience in the international arena, having spent 25 years at the World Bank and two terms as Nigerian Finance Minister.

The World Trade Organization oversees the rules of global trade and is probably the biggest crisis since its founding in 1995 due to growing differences between members of major trading blocs such as China, the United States and the European Union, as well as tensions between developing and industrialized countries.

In addition to the representatives of Nigeria and South Korea, Mexican Jesus Sidi Corrie, Britain’s Liam Fox, the Egyptian Abdelhamid Mamdouh, Moldovan Theodor Ulyanovchi, Kenyan Amina Mohamed and Saudi Mohamed participated in the selection process. More Tuwaijri.

READ  Falabella closes its online store in the country: What happens to the purchases made - economic, financial and business news

Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top