December 10, 2024

Nigeria’s Ngozi Okonjo-Iweala Is Reappointed WTO DG For Second Term

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Nigeria’s Ngozi Okonjo-Iweala Is Reappointed WTO DG For Second Term
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By Simeon OSAJIE

Dr. Ngozi Okonjo-Iweala was yesterday unanimously reappointed as the Director-General, World Trade Organization (WTO) for a second term of four years which begins September 1, 2025. She emerged the sole contender for the position at the expiration of the November 8 deadline for nominations.

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Okonjo-Iweala made history on March 1, 2021, not just as the first woman to occupy the seat, but also the first African.

The decision by the WTO’s General Council was an acknowledgement of Okonjo-Iweala’s widespread transformative leadership and visionary approach to global trade.

The reappointment process began on October 8, 2024, under the guidance of Ambassador Petter Ølberg of Norway, Chair of the General Council. The selection process adhered to the WTO’s stringent appointment procedures, ensuring transparency and fairness.

At a special General Council meeting held on November 28-29, Dr. Okonjo-Iweala outlined her vision for the WTO’s future, focusing on inclusivity, resilience, and results-driven strategies. Following her presentation and an interactive session with members, the Council formally endorsed her reappointment by consensus.

Ambassador Ølberg commended her first term, describing her leadership as instrumental during a period marked by significant global economic challenges. He noted her success in delivering meaningful outcomes at the WTO’s 12th and 13th Ministerial Conferences, reinforcing the organization’s relevance and impact. He also praised her forward-looking agenda aimed at strengthening the WTO as a responsive and equitable multilateral institution.

Dr. Okonjo-Iweala expressed deep gratitude for the trust placed in her. Reflecting on her first term, she highlighted the WTO’s vital role in tackling global crises such as the pandemic, geopolitical tensions, and rapid economic shifts. She reaffirmed her commitment to delivering tangible results that improve lives globally by fostering trade as a driver of economic growth and resilience.

As she prepares for her second term, set to begin in September 2025, Dr. Okonjo-Iweala emphasized her dedication to building a more inclusive, equitable, and rules-based multilateral trading system. Her reappointment signals strong global support for her continued efforts to address the evolving challenges of international trade and to enhance the WTO’s relevance in a rapidly changing world.

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