The World Trade Organisation (WTO) will work to reduce export restrictions among member states, especially with regards to medical supplies in the wake of the COVID-19 pandemic, Director-General Ngozi
“Some WTO rules and procedures also need to be revisited.”
“We intend to constructively cooperate with the new director-general, assist her in efforts to improve the organisation.”
“The WTO, under your leadership, will embark on a period of substantive and procedural reform.”
The leadership change came as the WTO is in its deepest crisis since it was founded in 1995.
This is the first time in WTO’s history that a woman would be director-general.
Yoo Myung-hee’s withdrawal has all but guaranteed the former Nigerian finance minister’s victory for the top job at the multilateral institution.
WTO’s spokesperson Keith Rockwell had described Mrs. Okonjo-Iweala as the best candidate for its keenly contested top job.
Ex-finance minister Okonjo Iweala is vying for the DG role.
The global trade body says the Nigerian is a shoo-in for the first female director-general.
