Image Credit: New Telegraph Ng

Nigeria’s former finance minister, Ngozi Okonjo-Iweala, has done better than the last round within the race to guide the World Trade Organization.

Members of Geneva-based Commerce Kaya also chose Yoo Myung-hee of South Korea.

In Punch’s experience, the last two have been selected from the list of 5 candidates.

The initial pool of eight candidates to replace Roberto Azevedo, who stepped down as the director-general of the WTO in August – was narrowed to 5 final months, a year ahead of schedule.

The trio swept through a second round of “Confessional” – through which all members confidently voice their preferences – have been Liam Fox of Britain, Mohammed Al-Tuwajri of Saudi Arabia, and Amina Mohammed of Kenya.

Mexico’s Jesus Saeed Kuri, Moldova’s Tudor Ulianovsky, and Egypt’s Abdel-Hamid Mamdouh are narrowly missed through the first round.

The WTO appears to have the primary women director-general in its 25-year historical past, as no woman has ever led a worldwide trade policy.

PUNCH gathered that the official announcement of the 2 candidates standing will be made tomorrow (Thursday).

While several sources accustomed to the determination of member states directed the AFP that “Okonjo-Iweala of Nigeria had made it”, a supply stated that “South Korea’s Yoo Myung-hee had additionally minimized. ”

Okonjo Iweala and Yoo’s candidacy acquired a lift earlier this week when EU member states formally threw their weight on them.

Third and final spherical consultations will begin at the end of this month and are scheduled to run until 6 November, when the WTO aims to agree with the subsequent Director-General’s consent.

The 66-year-old Okonzo-Iwela served as Nigeria’s first female finance and foreign minister and has a 25-year career behind her as a development economist at the World Bank, eventually changing its volume to two.

She can also join the Twitter Board of Administrators and is a special envoy for the World Health Group’s COVID-19 struggle.

If she is victorious by the ultimate elimination sphere, she will not be a purely primary woman, but a primary African to guide the worldwide commerce body.

Yu, 53, is currently serving as her nation’s first female commerce minister after a profession in commerce diplomacy and foreign affairs.


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