WTO: Glimmers of Hope For Okonjo-Iweala as Rival opts for withdrawal from DG Race
There are glimmers of hope for a successful emergence as thethe World Trade Organisation (WTO) Director General, for Okonjo-Iweala. This is evident as South Korea seems to have decided to withdraw its trade minister, Yoo Myung-hee, from the race thus facilitating the Nigeria’s candidate, Dr. Ngozi Okonjo-Iweala, to be confirmed as the head of the global trade body. Washington Trade Daily (WTD) quoted people familiar with the development to have disclosed South Korea was expected to announce its decision to withdraw Myung-hee in the coming days to enable the WTO’s General Council appoint Okonjo-Iweala. The Washington-based news medium stressed that…