Biden clears way for new WTO director following Trump block

Getty

President Biden on Friday threw his weight behind former Nigerian Finance Minister Ngozi Okonjo-Iweala’s candidacy to become the next Director General of the World Trade Organization (WTO), and the first woman to lead the WTO.

In October, then-President Trump threw a wrench into Okonjo-Iweala’s candidacy by supporting a competing candidate, South Korea’s Trade Minister Yoo Myung-hee.

Because the WTO makes decisions by consensus, the U.S. decision to support another candidate delayed action, despite broad support among the organization’s 164 members.

The position has remained open — run by four deputies — since Brazil’s Roberto Azevedo stepped down in August.

Trump’s decision further delayed the WTO from filling the position as expected in its November meeting.

On Friday, following discussions with the U.S., Yoo withdrew her candidacy, after which the Biden administration expressed “strong support” for Okonjo-Iweala.

“Dr. Okonjo-Iweala brings a wealth of knowledge in economics and international diplomacy from her 25 years with the World Bank and two terms as Nigerian Finance Minister,” the Office of the United States Trade Representative (USTR) said in a statement.

“She is widely respected for her effective leadership and has proven experience managing a large international organization with a diverse membership.”

The USTR also noted that the historic contest for the position, which came down to two female candidates, was the first time any woman had reached the final round of consideration.

The decision may be a turning point for the WTO after four years of ire from Trump, who accused it of being too pro-China.

Throughout his administration, Trump gummed up the organization’s functions by blocking appointments to its appeals panel.

Tags Donald Trump Joe Biden Ngozi Okonjo-Iweala World Trade Organization WTO

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Bottom ↴

Testing Video

ASR RAW Boys Lacrosse: Coronado 8, Poway 6

ASR RAW Boys Lacrosse: Coronado 8, Poway 6
ASR RAW Girls Lacrosse: Coronado 15, Cathedral ...
Former Torrey Pines teammates take home another NCAA ...
Boys Lacrosse: Torrey Pines 11, Bishop's 9
More Videos

Top Stories

See All

Most Popular

Load more