Dr. Ngozi Okonjo-Iweala stands as the only nominee for another term as the Director-General of the WTO following the close of nominations on November 8, 2024. Her current term ends on August 31, 2025. The organization is responsible for overseeing global trade rules and ensuring smooth trade flows between nations.
Dr. Ngozi Okonjo-Iweala, the current Director-General of the World Trade Organization (WTO), is the sole candidate nominated for another term in office. As per the official announcement by Ambassador Petter Ølberg, the chair of the WTO General Council, the nomination period closed on November 8, 2024, with no additional candidates expressing interest. Therefore, Dr. Okonjo-Iweala will continue in her role, having confirmed her willingness to serve another four-year term, which is expected to commence following the completion of the nomination process. The WTO, based in Geneva, is tasked with regulating global trade between nations, aiming to facilitate smooth and free trade flows. Dr. Okonjo-Iweala has held the director-general position since 2021, and her current term is set to conclude on August 31, 2025. Following the initiation of the appointment process on October 8, the WTO received no new nominations by the deadline, solidifying her candidacy. The next steps in the appointment process will be communicated shortly by the Council chairperson.
The World Trade Organization (WTO) is a pivotal international body that establishes and oversees the global rules governing international trade. Its primary role is to ensure that trade flows as freely and smoothly as possible. Dr. Ngozi Okonjo-Iweala, a distinguished Nigerian economist, assumed her responsibilities as the WTO’s Director-General in 2021. Her leadership has been particularly notable for advocating fair and equitable trade practices. In October 2024, the WTO initiated the process to appoint the next director-general, leading to a nomination period that concluded in early November, resulting in Dr. Okonjo-Iweala being the only candidate to step forward for another term.
In conclusion, Dr. Ngozi Okonjo-Iweala’s candidacy for another term as the Director-General of the WTO has been confirmed, with no other candidates nominated. Her leadership since 2021 has positioned her as a key figure in the ongoing dialogue surrounding international trade practices. The WTO’s process to appoint its next leader has now solidified her continuation in the role, pending the formal finalization of her new term, which is anticipated to contribute to the organization’s essential work in regulating global trade.
Original Source: www.fijitimes.com.fj
