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Top News In கொரியன் வர்த்தகம் அமைச்சர் யூ மியுங் ஹீ Today - Breaking & Trending Today

Path Clears For Nigeria's Okonjo-Iweala As First Woman WTO Chief

Path clears for Nigeria's Okonjo-Iweala as first woman WTO chief ....

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South Korea's Trade Minister drops bid to become WTO chief » Borneo Bulletin Online


February 7, 2021
SEOUL, SOUTH KOREA (AP) South Korea’s top trade official is dropping her bid to become the next Director-General of the World Trade Organization (WTO), making it likely the job will go to former Nigerian Finance Minister Ngozi Okonjo-Iweala. She would become the first woman to lead the organisation.
South Korea’s Ministry of Trade, Industry and Energy said in a statement on Friday that Minister for Trade Yoo Myung-hee will soon tell the WTO she is withdrawing her candidacy.
The WTO, which makes world trade rules, announced last October that Yoo and Okonjo-Iweala were the two finalists to become its next Director-General, ensuring a woman will fill the top job for the first time. ....

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Okonjo-Iweala's Path to WTO Clears Hurdle as Korean Quits Race


Okonjo-Iweala’s Path to WTO Clears Hurdle as Korean Quits Race
This content was published on February 5, 2021 - 12:48
February 5, 2021 - 12:48
(Bloomberg) Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.
South Korean Trade Minister Yoo Myung-hee ended her campaign to lead the World Trade Organization, leaving former Nigerian Finance Minister Ngozi Okonjo-Iweala as the likely candidate for the job and setting up a key decision by WTO members to approve her appointment.
Yoo decided after discussions with the U.S. and other major nations, and took various issues into account including the need to revitalize the multilateral organization, according to a statement from Korea’s trade ministry on Friday. ....

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[BREAKING] WTO: Biden asked to endorse Okonjo-Iweala as Korean candidate withdraws

Kayode Oyero with Agency ReportSouth Korean Trade Minister Yoo Myung-hee withdrew her bid to lead the World Trade Organisation, leaving former . ....

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Korean Ends WTO Bid, Clearing Path for Nigeria's Okonjo-Iweala

(Bloomberg) Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. South Korean Trade Minister Yoo Myung-hee ended her campaign to lead the World Trade Organization, leaving former Nigerian Finance Minister Ngozi Okonjo-Iweala as the likely candidate for the job and setting up a key decision by WTO members to approve her appointment. Yoo decided after discussions with the U.S. and other major nations, and took various issues into account including the need to revitalize the multilateral organization, according to a statement from Korea’s trade ministry on Friday. “There was no consensus,” Yoo said. “So we needed enough time for in-depth consultations with important members, including the U.S.” Her withdrawal could help thaw the deadlocked race to lead the Geneva-based WTO at a moment when the organization is struggling to surmount a series of crises th ....

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