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HomeBusinessEconomyAn African woman is taking charge of the WTO

An African woman is taking charge of the WTO

By Caribbean News Global fav

TORONTO, Ontario – Dr Ngozi Okonjo-Iweala was chosen as seventh director-general of the World Trade Organization (WTO) on February 15, by consensus of the General Council of the Organization.

Dr Okonjo-Iweala will become the first woman and the first African to be chosen as director-general when she assumes office on March 1, 2021. Her term, renewable, will expire on August 31, 2025.

“This is a very significant moment for the WTO. On behalf of the General Council, I extend our warmest congratulations to Dr Ngozi Okonjo-Iweala on her appointment as the WTO’s next director-general and formally welcome her to this General Council meeting,” said General Council chair David Walker of New Zealand who, together with co-facilitators Amb. Dacio Castillo (Honduras) and Amb. Harald Aspelund (Iceland) led the nine-month DG selection process.

“Dr Ngozi, on behalf of all members I wish to sincerely thank you for your graciousness in these exceptional months, and for your patience. We look forward to collaborating closely with you, Dr Ngozi, and I am certain that all members will work with you constructively during your tenure as director-general to shape the future of this organization,” he added.

Dr Okonjo-Iweala said a key priority for her would be to work with members to quickly address the economic and health consequences brought about by the COVID-19 pandemic.

“I am honoured to have been selected by WTO members as WTO director-general,” said Dr Okonjo-Iweala. “A strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the COVID-19 pandemic. I look forward to working with members to shape and implement the policy responses we need to get the global economy going again. Our organization faces a great many challenges but working together we can collectively make the WTO stronger, more agile and better adapted to the realities of today.”

The process for selecting a new Director-General was triggered on  May 14 when former director-general Roberto Azevêdo informed WTO members he would be stepping down from his post one year before the expiry of his mandate. He subsequently left office on  August 31.

In a press release, the WTO outlined that, the General Council decision follows months of uncertainty which arose when the United States initially refused to join the consensus around Dr Okonjo-Iweala and threw its support behind trade minister Yoo Myung-hee of the Republic of Korea. But following Yoo’s decision on February 5 to withdraw her candidacy, the administration of newly elected US president Joseph R. Biden Jr. dropped the US objection and announced instead that Washington extends its “strong support” to the candidacy of Dr Okonjo-Iweala.

Ambassador Walker extended his thanks to all eight of the candidates who participated in the selection process and particularly to Yoo “for her ongoing commitment to and support for the multilateral trading system and for the WTO”.

The General Council agreed on July 31 that there would be three stages of consultations held over a two-month period commencing  September 7. During these confidential consultations, the field of candidates was narrowed from eight to five and then two. On  October 28, General Council chair David Walker of New Zealand had informed members that based on consultations with all delegations Dr Okonjo-Iweala was best poised to attain consensus of the 164 WTO members and that she had the deepest and the broadest support among the membership. At that meeting, the United States was the only WTO member which said it could not join the consensus.

The consultation process undertaken by the chair and facilitators was established through guidelines agreed by all WTO members in a 2002 General Council decision. These guidelines spelled out the key criteria in determining the candidate best positioned to gain consensus is the “breadth of support” each candidate receives from the members. During the DG selection processes of 2005 and 2013, breadth of support was defined as “the distribution of preferences across geographic regions and among the categories of members generally recognized in WTO provisions: that is (Least developed countries), developing countries and developed countries”. This same process, agreed by all members in the General Council in 2020, was strictly followed by chair Walker and his colleagues throughout the 2020-21 DG selection process.

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