Nigerian named as finalists for WTO top job

Former Nigerian Finance Minister Ngozi Okonjo-Iweala was named as one of two finalists for top position in the World Trade Organization.
That announcement came on Thursday and sees the economist and development expert against South Korean Trade Minister Yoo Myung-hee as director general.
"We need an institution that can promote a rule-based system."
Both were supported in a second selection round this week by the 27 countries of the European Union.
This eliminated the Kenyan sports minister Amina Mohamed, the Saudi royal court advisor Mohammad al-Tuwaijri and the former British international trade minister Liam Fox from the race.
Reducing the field from five to two means that the 164-strong trading organization is being led by a woman for the first time.
The WTO is looking for a new Director General to succeed Brazilian Roberto Azevedo, who resigned at the end of August a year earlier than expected.
A successor should be found by the beginning of November.
Video transcript
- Former Nigerian Finance Minister Ngozi Okonjo-Iweala was named as one of the two finalists for top position in the World Trade Organization. That announcement came on Thursday and sees the economist and development expert against South Korean Trade Minister Yoo Myung-hee as director general.
NGOZI OKONJO-IWEALA: We need an institution that can promote a rule-based system.
- Both were supported by the 27 countries of the European Union in the second selection round this week. The Kenyan sports minister Imina Mohammed, the advisor to the Saudi royal court, Mohammad Al-Tuwaijuri and the former British international trade minister Liam Fox were eliminated from the race.
Reducing the field from five to two means that the 164-strong trading organization is being led by a woman for the first time. The WTO is looking for a new Director General to succeed Brazilian Roberto Azevedo, who resigned at the end of August a year earlier than expected. A successor should be found by the beginning of November.

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