Home News Finance Breaking: Okonjo-Iweala Reappointed WTO Chief for Second Term
FinanceNews

Breaking: Okonjo-Iweala Reappointed WTO Chief for Second Term

307
WTO Okonjo-Iweala
DG Okonjo-Iweala [Image Credit: WTO]

The World Trade Organisation (WTO) has reappointed Ngozi Okonjo-Iweala as its Director-General for a second term. The global trade body made the announcement on Friday, noting that her new term will commence on September 1, 2025. Her current term is set to expire on August 31, 2025.

The General Council has appointed Director-General [Ngozi Okonjo-Iweala] for a second term, effective 1 September 2025. More details to follow”, the body said

Okonjo-Iweala, the first woman and African to lead the WTO, initially assumed office on March 1, 2021. She had expressed her intention to seek another four-year term on September 16, citing “unfinished business” in her first mandate. She said key priorities for her second term include advancing global agricultural negotiations, ending fisheries subsidies, decarbonising trade, and reforming the WTO’s dispute resolution system.

Her reappointment follows significant support from member countries, including backing from 58 nations in the African Group and endorsements from the Biden administration and the European Union. In 2021, she overcame opposition from the administration of former U.S. President Donald Trump, who supported a South Korean candidate. However, she secured the position under the administration of the current President Joe Biden.

When asked about the possibility of Trump’s re-election affecting her leadership, Okonjo-Iweala responded that she focuses only on matters within her control. The Nigerian icon is now set for a second term.

Read More:

UK Earns Over ₦40 Billion from Nigerian Visa Applications in One Year Amid Rising Rejections

Ghana: Direct Flights Between Kumasi and London Gatwick to Begin December 3

Historic Move: Chad and Senegal Announce Termination Of French Military Presence On Their Soil

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NewsPolitics

Cotê D’Ivoire: Thousands Rally in Abidjan as Opposition Demands Electoral Reforms Ahead of October Election

Thousands of opposition supporters gathered in Abidjan on Saturday, May 31, to...

News

Togo Stops Issuing Mining Permits to Reform Outdated Mining Code

Togo has suspended the issuance of new mining permits for prospecting and...

News

ICYMI: Ghana Shuts Down Washington Embassy Over Visa Fraud Scandal

Ghana has temporarily closed its embassy in Washington, D.C., following the uncovering...

In a ministerial meeting of the Confederation of Sahel States (AES) held in Bamako on January 16, 2025, key decisions emerging from the session include establishing a Regional Investment Bank and launching transformative infrastructure projects across member states.
News

Confederation of Sahel States Moves to Establish Joint Judicial Body

The Confederation of Sahel States (CSS), comprising Mali, Niger, and Burkina Faso,...