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[PHOTOS]: Ngozi Okonjo-Iweala Resumes Office As WTO DG Today

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Ngozi Okonjo-Iweala Resumes Office As WTO DG
Ngozi Okonjo-Iweala Resumes Office As WTO DG

Ngozi Okonjo-Iweala takes over the Trade Organization on Monday amid hopes that she will spur the beleaguered body into addressing its towering challenges, including the pandemic-fuelled global economic crisis.

“The WTO is too important to allow it to be slowed down, paralyzed and moribund,” the first woman and first African to ever lead the global trade body told AFP a day after her nomination last month.

The 66-year-old Nigerian former finance minister takes the helm after the WTO was left adrift for seven months following the sudden departure of Brazilian career diplomat Roberto Azevedo last August, a year ahead of schedule.

Following a lengthy selection process, development economist Okonjo-Iweala, who spent 25 years at the Bank, was finally anointed by the WTO’s 164 members on February 15.

From an initial eight candidates, she was the clear favorite among the last two standing in November. However, her appointment was delayed by former US president Donald Trump blocking her nomination.

The arrival of his successor Joe Biden made it possible for her to receive the consensus backing required to end the impasse.

Samuel Nelson
OduNews on Google News

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