Portrait of two female candidates for General Director of the World Trade Organization


Portrait of two female candidates for General Director of the World Trade Organization

Ms. Ngozi Okonjo-Iweala (Nigeria), used to hold senior positions at the World Bank in the US, while Ms. Yoo Myung-hee (Korea) had many successes in trade negotiations with other countries.

According to the announcement of the President of the World Trade Organization (WTO) General Assembly, New Zealand Ambassador David Walker, the third round of consultation of the process of selecting candidates for the new WTO Director-General will begin. from October 19 to October 27, after the WTO Members completed the second round of consultations.

The 7th Director-General of the WTO will be a woman after two female candidates, including Ms. Ngozi Okonjo-Iweala of Nigeria and Ms. Yoo Myung-hee of Korea, enter the final consultation round.

According to the VNA correspondent in Geneva, two female candidates Ngozi Okonjo-Iweala of Nigeria and Yoo Myung-hee South Korea was selected from among the 5 candidates for round 2, will continue to the third round of consultation and also the final round to decide the successor to Mr. Roberto Azevêdo, Director General of WTO has resigned. .

Ms. Ngozi Okonjo-Iweala, the candidate of Nigeria, used to hold the position of Finance Minister of Nigeria and used to hold senior positions of the World Bank in Washington DC (USA), currently the President of the Vaccine Union. .

Ms. Yoo Myung-hee, a candidate of Korea, spent 25 years with international trade, now the Minister of Commerce of Korea, has successfully negotiated trade with many countries, especially with America and China.

The Chairman of the WTO General Assembly, Ambassador Walker emphasized that the ultimate goal of the selection process is to secure consensus decisions by members.

The General Assembly is the highest decision-making body of the WTO outside the Ministerial Conference that meets every two years.

In round 3, WTO members will consult secretly with the Trio including the Chairman of the WTO General Assembly and 2 Coordinators (Chairman of the Dispute Settlement Body and Chairman of the Trade Policy Review Body).

Based on the member states’ selection, the trio will make an assessment of which of the two candidates is more likely to reach a consensus of the member states and become the 7th General Director of the WTO.

After the third round of consultation, the Chairman of the WTO General Assembly will convene a meeting of the Head of the Delegation at the WTO to notify the results of the WTO members.

The process of selecting the new WTO Director-General began on May 14, 2020, when former Director-General Azevêdo announced his resignation a year before the end of his duties and left on August 31.

The Chairman of the Walker General Assembly immediately proceeded to proceed with the procedures for appointing the General Manager in accordance with the procedures agreed in the 2002 guideline.

These guidelines require the Chairperson of the General Assembly to initiate consultations with Member States on the selection of a new Director-General as soon as possible and “can set a quick deadline if necessary in consultation with members”./.

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