Saturday, December 14, 2024
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Okonjo-Iweala reappointed as WTO Director-General

The General Council of the World Trade Organization (WTO) has reappointed Dr. Ngozi Okonjo-Iweala for a second term as its Director-General. Her new four-year tenure is scheduled to commence on September 1, 2025.

In a statement issued by the WTO on Friday, Okonjo-Iweala expressed her gratitude to the organization’s 166 member nations for their continued trust and support.

“I am deeply honored by the trust and support of the WTO General Council and its 166 Members. It is a privilege to continue serving as Director-General for a second four-year term,” she stated.

Reflecting on her first term, Okonjo-Iweala highlighted the WTO’s critical role in addressing pressing global issues such as the COVID-19 pandemic, geopolitical tensions, and conflicts.

“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions. I commend Members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts,” she noted.

Looking forward, the former Nigerian finance minister pledged to continue advancing trade as a catalyst for economic growth and resilience. She also emphasized the importance of a collaborative and inclusive approach to strengthening the multilateral trading system.

“As we look ahead, I remain firmly committed to delivering results that matter — results that ultimately improve the lives of people around the world. By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges,” she said.

Okonjo-Iweala, who made history in 2021 as the first woman and first African to lead the WTO, reiterated her dedication to building a fair and equitable trading system.

“I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all,” she concluded.

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