facing a tough selection process that
included eight candidates from around the
world, Ngozi Okonjo-Iweala finally emerged
as the next director-general of the World
Trade Organization (WTO).
Nigeria’s former minister of finance was
appointed following the decision that was
taken at a special meeting of the General
Council on Monday, February 15.
Okonjo-Iweala's appointment is a historic
achievement as she is the first woman and
first African to head the organization.
Okonjo-Iweala job at WTO will include
supervising and directing administrative
operations. Photo credit: @wto
It would be recalled that the former minister
secured the popular vote by a wide margin on
October 28, 2020, but was not named DG
because the US opposed her candidacy.
Fortunately, she became the only candidate
vying for the position following the withdrawal
of her major contender and South Korean
trade minister, Yoo Myung-hee.
As congratulatory messages are pouring in,
Legit.ng highlights some significant facts
about the former minister's new job.
1. The position holds almost no formal
power as it is primarily advisory and
managerial.
2. Okonjo-Iweala is responsible for
supervising and directing administrative
operations of the organization.
3. She cannot single-handedly reform the
organisation, force governments to take any
specific action or even dictate the agenda.
4. The former minister's new position has an
important role in advancing global trade and
cooperation.
5. Despite little formal power, Okonjo-Iweala
is the only person who can speak up for the
WTO.
6. The difference between the success and
failure in a negotiation can be the WTO
director-general.
7. She can make discussions, debates and
negotiations more inclusive and democratic.
Top tasks ahead for Okonjo-Iweala
Earlier, Legit.ng reported that Reuters listed
top three key tasks ahead for Okonjo-Iweala
as WTO's director-general.
List: 7 facts about Okonjo-Iweala's historic job at WTO » Hottest
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