US Disqualifies Ngozi Okonjo-Iweala As WTO Director-General.
The statement by the United States of America that ‘truncates’ emergence of Ngozi Okonjo-Iweala as Director-General of the World Trade Organisation. Even the US citizenship of former Nigeria’s Minister of Finance could not alter the calculations
Statement from the Office of the US Trade Representative on the WTO Director-General Selection Process
“The Office of the United States Trade Representative issued the following statement today on the selection of the next World Trade Organization Director-General:
“The United States supports the selection of Korean Trade Minister Yoo Myung-hee as the next WTO Director-General. Minister Yoo is a bona fide trade expert who has distinguished herself during a 25-year career as a successful trade negotiator and trade policy maker. She has all the skills necessary to be an effective leader of the organization.
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“This is a very difficult time for the WTO and international trade. There have been no multilateral tariff negotiations in 25 years, the dispute settlement system has gotten out of control, and too few members fulfill basic transparency obligations. The WTO is badly in need of major reform. It must be led by someone with real, hands-on experience in the field.”
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