The World Trade Organisation has reappointed Ngozi Okonjo-Iweala as its Director-General for a second term.
INFORMATION NIGERIA reports that the former finance minister was first elected as the WTO DG on February 15, 2021.
In a statement by the organization via its X page on Friday, disclosed that the reappointment will take effect on September 1, 2025.
The Council added that it agreed by consensus to reappoint Okonjo-Iweala as DG for a second four-year term, stressing that the decision reflects broad recognition of her exceptional leadership and strategic vision for the future of the WTO.
The statement reads: “With no additional nominations submitted by the November 8 deadline, Dr. Okonjo-Iweala stood as the sole candidate.
“The process was conducted in a fully open and transparent manner, adhering to the WTO’s ‘Procedures for the Appointment of Directors-General’ (WT/L/509).
“During a special General Council meeting on November 28-29, 2024, Dr. Okonjo-Iweala outlined her forward-looking vision for the WTO.
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“Following her presentation and a Q&A session with members, the Council formally endorsed her reappointment by consensus.
“The General Council commends Dr. Ngozi Okonjo-Iweala for her outstanding leadership during her first term. Amid significant global economic challenges, she strengthened the WTO’s ability to support its members and set a forward-looking agenda for the organization.
“Her leadership was instrumental in securing meaningful outcomes at pivotal moments, including the 12th and 13th Ministerial Conferences (MC12 and MC13), where major milestones were achieved.”
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