Home News Ngozi Okonjo-Iweala Becomes New Director General, World Trade Organization (WTO)

Ngozi Okonjo-Iweala Becomes New Director General, World Trade Organization (WTO)

Ngozi Okonjo-Iweala Becomes New Director General, World Trade Organization

Former Nigerian Minister of Finance, Ngozi Okonjo-Iweala has become the new Director-General of the World Trade Organization (WTO).

According to reports, the ex-minister had in an intensely contested election beat her rival, South Korean Yoo Myung hee, with a wide margin.

Ngozi Okonjo-Iweala polled 104 votes from 164 member countries to defeat Myung Hee at the final stage of the WTO election.

Her victory comes days after European Union member nations backed her candidacy against Ms. Myung hee, who was supported by the United States.

This made Okonjo-Iweala the first female and first African Director-General of the WTO.

 

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