In an Overture to suit the first Black and First Female Director General of the World Trade Organization, the Twenty-Seven Member European Union whetted support for Ngozi Okonjo-Iweala
By Abdul Rahman Bangura–
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The twenty-seven partner European Union have vouched support for Nigeria’s erstwhile Finance Minister – Dr. Ngozi Okonjo-Iweala, in her proposition to evolve the first Black and first female Director-General of the World Trade Organization (WTO) top position.
Specifically, the EU-member states are France, Germany, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech, Denmark, Estonia, Finland, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. Sources said, the latest backing for OkonjoIweala’s candidacy generates the number of countries officially supporting her to 106 out of the 164 states that constitute the WTO.
The fifty-five member African Union had earlier officially endorsed the former World Bank Director over her sole remaining opponent – Yoo Myung-hee of South Korea.
In another development, Okonjo-Iweala had similarly attained the benignancy of an association of Caribbean and Pacific States as well as others from Asia. The European Parliament had ratified Okonjo-Iweala to head the WTO, confessing she is wellequipped. The Parliament had subsequently written the EU to support the Nigerian
When EU-member states congregated they fell flat to find an agreement around the option, but the EU proxies reconvened and conceded to back Okonjo Iweala, according to media sources.
The WTO’s meeting procedure climaxes October 28th,,2020 and the current executive of the WTO is perceived to be listed in November but an EU official announced, the EU will declare openly its backing for the 66-year-old economist on October 28th, 2020.
The final winner between the two women will replace Brazil’s Roberto Azevedo and former Director-General of the twenty-five year old trade organization.
The preliminary pool of eight competitors for the WTO’s top office, which has been gradually reduced over two stretches of meetings, had contained three Africans – Nigeria, Egypt and Kenya. The third and final meeting of talks, striving to ascertain agreement around one hopeful is due to end today – October 28th, 2020 with the declaration due in earlier in November 2020.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent
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