November 22, 2024
Okonjo Iweala

The World Trade Organization’s (WTO) first female and first African director-general Ngozi Okonjo-Iweala began work on Monday, ending a six-month leadership void by vowing to unblock negotiations on rules to stop over-fishing.

After a long campaign that was derailed in the latter stages by a Trump administration veto, the 66-year-old Nigerian was confirmed as boss last month, pledging to “forget business as usual” at the body which is struggling to strike new deals and whose arbitration functions are paralysed.

“It feels great. I am coming into one of the most important institutions in the world and we have a lot of work to do. I feel ready to go,” Okonjo-Iweala told a reporter on arrival at the WTO’s lakeside Geneva headquarters.

The first day with the former finance and foreign minister at the helm of the WTO coincides with a meeting of its top decision-making body, the General Council. Its 164 member states will discuss topics such as trade rules on COVID-19 vaccine distribution which Okonjo-Iweala has identified as a priority.

Also on the agenda is the date and venue for its major ministerial conference which was due to be held in Kazakhstan last year but was delayed by the pandemic.

Okonjo-Iweala said she was hopeful of clinching a deal on cutting fisheries subsidies this year after 20 years of talks.

“Things are not easy when members are negotiating and there are still a lot of critical issues that need to be sorted out. But we are hopeful,” she said, speaking next to an ice statue of fish erected by environmental groups outside the WTO.

Her predecessor, Brazilian Roberto Azevedo, stepped down on Aug. 31, a year early.

Since the director-general role holds few executive powers, some analysts question Okonjo-Iweala’s ability to revive the body in the face of so many challenges including persistent U.S.-China trade tensions and growing protectionism heightened by the pandemic.

19 thoughts on “Okonjo-Iweala resumes as WTO boss

  1. 280473 776456Aw, this was a very good post. In thought I wish to put in writing like this additionally – taking time and precise effort to make an outstanding article but what can I say I procrastinate alot and under no circumstances appear to get something done. 819556

  2. 169329 528379Aw, this was a really nice post. In concept I wish to put in writing like this moreover ?taking time and precise effort to make an outstanding post?but what can I say?I procrastinate alot and definitely not appear to get 1 thing done. 440197

  3. 819070 701857OK initial take a excellent appear at your self. What do you like what do you not like so considerably. Function on that which you do not like. But do not listen to other individuals their opinions do not matter only yours does. Work on having the attitude that this is who you are and if they dont like it they can go to hell. 852046

  4. 94212 909784BTW, and I hope we do not drag this too long, but care to remind us just what kind of weapons were being used on Kurds by Saddams army? Towards the tune of hundreds of thousands of dead Speak about re-written history 516538

  5. 767028 129544Cheap Gucci Handbags Is generally blogengine considerably better than wp for reasons unknown? Need to be which is turning out to be popluar today. 871177

  6. 977473 262151Greetings! This really is my very first comment here so I just wanted to give a quick shout out and let you know I genuinely enjoy reading by way of your blog posts. Can you recommend any other blogs/websites/forums that deal with the same topics? Thank you so significantly! 193779

  7. 464129 703589Aw, this really is an extremely good post. In thought I would like to put in place writing like this moreover – spending time and actual effort to create a very good article but exactly what do I say I procrastinate alot by way of no indicates seem to get something accomplished. 81507

Leave a Reply

Your email address will not be published. Required fields are marked *