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    Okonjo-Iweala reappointed WTO Director-General

    Vincent OsuwoBy Vincent OsuwoNovember 29, 2024No Comments2 Mins Read
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    Dr. Ngozi Okonjo-Iweala
    Dr. Ngozi Okonjo-Iweala
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    The General Council of the World Trade Organisation has reappointed Dr. Ngozi Okonjo-Iweala as Director-General for a second term. 

    Okonjo-Iweala’s new four-year tenure will begin on September 1, 2025.

    Okonjo-Iweala thanked the WTO’s 166 member nations for their sustained faith and support in a statement released Friday.

    “I am deeply honoured by the trust and support of the WTO General Council and its 166 embers. It is a privilege to continue serving as Director-General for a second four-year term,” she said.

    Reflecting on her first tenure, the former Nigerian finance minister emphasised the WTO’s critical role in dealing with global issues such as the COVID-19 pandemic, conflicts, and geopolitical tensions.

    She remarked, “In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions. I commend Members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts.”

    She pledged to continue championing trade as a driver of economic growth and resilience while reinforcing the multilateral trading system.

    “As we look ahead, I remain firmly committed to delivering results that matter—results that ultimately improve the lives of people around the world. By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges.

    “I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all,” the statement stated.

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    Lyon given provisional demotion to Ligue 2 over finances

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