NEWSTOP STORY

WTO decides the Next Director-General February 15

The General Council of the World Trade Organization (WTO) will have a virtual meeting on Wednesday, 15th of February to consider the appointment of the next Director-General, according to a statement on its website.
According to the statement, “The WTO’s General Council will hold a special meeting on 15 February at 15:00 Geneva time to consider the appointment of the next Director-General. The meeting will take place in virtual format.”

Former Nigerian finance minister Ngozi Okonjo-Iweala and South Korea’s trade minister Yoo Myung-hee qualified as the two finalists to become the next director-general, before Yoo Myung-hee decided to retreat from the race after “close consultation” with the United States, on Friday.

Yoo Myung-hee’s decision to retreat from the race leaves Okonjo-Iweala as the sole candidate for the position and with the chance to become the first woman and the first African to lead the organization.