Okonjo-Iweala Makes Final Two in WTO Race

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Chinedu Ibeakanma

Chinedu Ibeakanma is a trained journalist. He holds a masters degree in Mass Communication and you’ll often find him writing breaking news stories on politics, sports, business, lifestyle, and other interesting beats. Chinedu is also a broadcaster and when he is not in the studio, you will find him analysing critical issues that affect humanity

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Former Minister of Finance Ngozi Okonjo-Iweala has made it to the final stage of the race to the office of the Director General of the World Trade Organisation (WTO).

Mrs. Iweala made the final cut with South Korea’s Yoo Myung-hee, Bloomberg reports.

Okonjo-Iweala has experience working at international governance bodies as a former managing director of the World Bank and as a chairman at the Global Alliance for Vaccines and Immunisation.

Yoo is South Korea’s trade minister. During her 25-year career in government, she has helped expand her country’s trade network through bilateral accords with the U.S., China and the U.K.

WTO General Council Chairman David Walker will formally announce the results to the institution’s delegates today in Geneva.

United Kingdom’s Liam Fox, Kenya’s Amina Chawahir Mohamed Jibril, and Saudi Arabia’s Mohammad Maziad Al-Tuwaijri did not secure enough support in the second round of consultations.

The third and final phase of the consultation process will begin later in October and run until November 6, after which the WTO will endeavour to name a consensus winner of the race.