WTO Meeting To Name Okonjo-Iweala DG Postponed

Okonjo-Iweala served two stints as Nigeria’s finance minister / Photo credit: africachinapresscentre.org

World Trade Organisation has indefinitely postponed its meeting to select a new Director-General.

The United States had vetoed the candidacy of Ngozi Okonjo-Iweala, Nigeria’s former finance minister and instead backed the South Korean trade minister, Yoo Myung-hee for the position.

“It has come to my attention that for reasons including the health situation and current events, delegations will not be in a position to take a formal decision on 9 November,” the head of the selection committee told member states.

“I am therefore postponing this meeting until further notice during which period I will continue to undertake consultations with delegations,” he added.

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