#DG-WTO: Okonjo-Iweala Is Sole Candidate As South Korea's Myung-Hee Withdraws

South Korea's candidate <a href="https://www.nairaland.com/6167899/wto-dg-okonjo-iweala-myung-hee-react#94729009"><i>for </i> </a> the Director-General of the World Trade Organisation (WTO), Yoo Myung-Hee has announced she will withdraw from the race, clearing the path for Nigeria's Ngozi Okonjo-Iweala who the General Council announced late last year as the consensus candidate.<br><br>The World Trade Organizations General Council Chair David Walker announced <a href="https://www.nairaland.com/6212705/wto-dg-okonjo-iweala-suggested-new-wto"><i>in </i> </a> October last year that Nigerias Ngozi Okonjo-Iweala had garnered the most support among WTO members to become the next global trade chief, but was vetoed by the United States.<br><br><blockquote>Korea's Trade Minister Yoo Myung-hee announced on February 5 (local time) that she would withdraw her candidacy for the next World Trade Organization (WTO) Director-General. Korea will continue to work with responsibility for the restoration of the multilateral trading system. </blockquote><br><a href="https://twitter.com/MOTIEKoreaEng/status/1357602359761805314's=19">SOURCE </a><br><br>NOI, as she is fondly called, will be the first female and first African to head the WTO if affirmed by its 164 members.<br><br>PS: @YooMyunghee1's withdrawal does not mean @NOIweala immediately becomes the @wto's next Director-General. <br><br>That appointment is taken in a formal decision by the WTO's 164 members. <br><br>Since the U.S. is the only @wto member blocking @NOIweala's candidacy the key question now is whether the Biden administration will reverse the Trump administration's veto and support @NOIweala<br><br><a href="https://twitter.com/bbaschuk/status/1357621746061434880's=19"><i>Absent </i> </a> opposition from any WTO members, the chairman of the WTO general council, David Walker, can announce the resumption of the @wto's suspended October general council meeting to consider the appointment of a new Director-General.
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