WTO DG: EU Pledges Support for Okonjo-Iweala

Ngozi Okonjo-Iweala
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The European Union has pledged it’s support for Nigeria’s former minister, Ngozi Okonjo-Iweala, to clinch the position of the Director General of the World Trade Organization.

An official of the Union on Monday told Reuters that the EU’s support for Okonjo is a sign of willingness to reinforce the multilateral order and a sign of mutual trust between the bloc and Africa.

In the previous round, the EU selected both Okonjo-Iweala and Yoo Myung-Hee of South Korea.

Following this development, experts now believe that the EU and the USA, who have historically agreed on decisions like these, may clash.

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Okonjo-Iweala promotes the multilateral trading system that the WTO has always trusted, while the Trump-led-government has favored bilateral trades.

The USA’s trade representative, Robert Lightizer has worked with Myung-Hee and is believed to prefer her candidature.

Trump has frustrated the trade body, criticizing its policies and obstructing the appointment of judges to its appeal body.

In addition with its desire to return global trade to its multilateral legacy, Myung-Hee is proposing to use her 30-year experience in trade and diplomacy to smoothen US-China relations.

Okonjo-Iweala, also, desires to see increased access to drugs and vaccines in developing countries.

164 countries constitute the World Trade Organization and a consensus candidate has to be chosen before an announcement can be made.

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