firstnewsonline okonjo iweala

WTO members back Okonjo-Iweala for second term as DG

Fifty-eight of the 164 member states of the World Trade Organisation (WTO) have expressed support for a proposal by the African Group to back the incumbent Director-General, Ngozi Okonjo-Iweala, for a second term.

The endorsement came during a WTO General Council meeting on July 22, according to a statement from the global trade body.

โ€œThe African Group requests that the current Director-General make herself available to serve a second term and has proposed that the process of reappointing the Director-General should be started as soon as possible,โ€ the statement read.

The statement further noted, โ€œFifty-eight members, several speaking on behalf of groups of members, took the floor to comment and express their support for the African Group proposal. They called on DG Okonjo-Iweala to make her intentions regarding a second term known as soon as possible. Most of these members praised the DGโ€™s hard work and her achievements during her first term.โ€

Okonjo-Iweala, 70, responded with gratitude for the support, saying, โ€œEverything that Iโ€™ve accomplished, weโ€™ve accomplished together.โ€

She acknowledged the call from members and indicated that she was favorably inclined towards serving another term.

โ€œI will get back to members very soon regarding my intentions,โ€ she added.

Okonjo-Iweala, the seventh Director-General of the WTO, took office on March 1, 2021, for a four-year term set to expire on August 31, 2025. She is eligible for a second term.

Her tenure as Director-General marked several firsts: she is the first woman and the first African to lead the WTO.

Before her current role, Okonjo-Iweala served as Nigeriaโ€™s Finance Minister from 2003 to 2006 and from 2011 to 2015, and briefly as Foreign Minister in 2006, the first woman to hold both positions.

She also had a distinguished 25-year career at the World Bank, where she rose to the position of Managing Director, Operations.