Okonjo-Iweala inches closer to WTO top seat

Dr. Ngozi Okonjo-Iweala now has a brighter chance of emerging as the next Director General of the World Trade Organization as members evicted three candidates from the race.

Okonjo-Iweala is a former finance minister in Nigeria and former managing director of the World Bank.

The Geneva-based WTO said Mexico’s Jesus Seade, Egypt’s Hamid Mamdouh and Moldova’s Tudor Ulianovschi didn’t secure enough support in a first of three rounds of voting.

“Their expertise and high professional and personal qualities are highly valued and respected by all members,” WTO General Council Chairman, David Walker, said in a statement on Friday.

The second phase of consultations begins on September 24 and will run till October 6 after which the WTO would announce two finalists. A new director general will emerge by November7, 2020.

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