Business

October 28, 2020

WTO DG: More hurdles for Okonjo-Iweala, as US threatens to veto her emergence

Okonjo-Iweala

Despite the wide support for her, the United States  of America, USA, said it would not support the appointment of Dr. Ngozi Okonjo-Iweala, former minister of finance, as the World Trade Organisation, WTO, Director-General, DG.

A report published on Bloomberg revealed US position on the Okonjo-Iweala’s candidacy.

The Deputy U.S. Trade Representative Dennis Shea, purportedly said U.S. could not support a consensus decision to appoint Okonjo-Iweala.

Shea said the U.S. disagreed with the way in which the process was being carried out, according to sources.

READ ALSO: Okonjo-Iweala: Nigeria lobbies  Republic of Iran’s vote in WTO elections

Similarly, U.S. Trade Representative Robert Lighthizer has pushed for South Korea’s candidate, Yoo Myung-hee.

Giving reasons, Lighthizer reportedly said he viewed Okonjo-Iweala as being too close to pro-trade internationalists in Washington like Robert Zoellick, a former USTR who worked with Okonjo-Iweala when he was President of the World Bank.

Recall that all 27 EU governments agreed on Monday in Brussels to support Okonjo-Iweala, over Yoo Myung-hee, of South Korea.

Also, she was expected to be announced the WTO DG on or before November 7.

vanguardngr.com