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Opinion: 5 Reasons Why President Trump won’t Support Okonjo-Iweala as Next WTO Director General – Blessing Mene

31Oct

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Africa, China, Economy, Features, Finance, Nigeria, Trade, United States of America, Women Empowerment

Opinion: 5 Reasons Why President Trump won’t Support Okonjo-Iweala as Next WTO Director General – Blessing Mene

This is an opinion article by Blessing Mene. People who want Okonjo-Iweala to become the next WTO Director-General mostly are excited about the prospect of the first female & African to lead the WTO. But President Trump doesn't think that way, here are five secret reasons why President Trump won't support Okonjo-Iweala: 1. He thinks from the perspective of Nationalism and his biggest interest is to have a WTO leader who will stand up to China and other countries leveraging loopholes in the WTO to supposedly "take advantage" of America. Look at how Trump is reshaping to the US Supreme Court and Federal Courts. 2. President Trump's a radical conservative who is currently looking to end the influence of liberals and globalism. That's why he got elected in the first place. He doesn'...

Nigeria: The Debate Over Relinquishing Sovereignty by Victor Oladokun

The Nigerian Minister of #Transportation, Rotimi Amechi, has been in the news recently. He says he has only just become aware of a clause in a $5 billion rail project to be built by #China, that requires the relinquishing of sovereignty in the event of a loan default. With all due respect, this is a red herring. #Nigeria should not and must not relinquish an iota of its sovereignty. There are other ways of financing infrastructure #development, including direct foreign investment, private sector partnerships, bonds, the utilisation of a portion of the country's sovereign wealth fund, and concessionary loans from institutions such as the #AfricanDevelopmentBank This is not about China. Rather, it is about smart investing and the imperative of not discounting Nigeria's development aga...

China to Unite with African Leaders Against COVID-19

The President of China Xi Jinping is scheduled to host a virtual summit with African leaders in solidarity against coronavirus on Wednesday in Beijing, China. This was announced by Hua Chunying, spokesperson of Chinese foreign ministry. The summit will be held at the instance of China; South Africa, the rotating chair of the African Union (AU); and Senegal, co-chair of the Forum on China-Africa Cooperation. It will hold through video link. President Xi will present a keynote address at the summit. In attendance will be leaders of African countries, members of the African Union (AU) Assembly of Heads of State and Government and chairs of major African subregional organisations. Equally invited as guests are secretary-general of the United Nations and the director-general of the Wor...