WTO Announces Okonjo-Iweala, S. Korea’s Yoo As Last Two DG Contenders
The World Trade Organization is set to have its first female leader after Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee made it through Thursday to the final run-off.
Whoever wins the contest — with a decision due before November 7 — will take over an organisation mired in multiple crises and struggling to help member states navigate a severe global economic slump triggered by the coronavirus pandemic.
Roberto Azevedo stepped down as WTO director-general in August a year ahead of schedule. The initial pool of eight candidates to replace him was narrowed down to five in last month’s first round.
Britain’s Liam Fox, Kenya’s Amina Mohamed and Saudi Arabia’s Mohammad al-Tuwaijri were knocked out in the second round Thursday.
“Ngozi Okonjo-Iweala of Nigeria and Korean minister Yoo Myung-hee will advance to the third and final stage,” WTO spokesman Keith Rockwell told reporters at the global trade body’s headquarters in Geneva.
The pair received a boost earlier this week when EU member states officially threw their weight behind them.
Rather than voting, the 164 WTO member states make decisions by consensus only, and have been narrowing down the field of candidates through lengthy consultations.
– Full plate ahead – Okonjo-Iweala, 66, served as her country’s first female finance and foreign minister and has a 25-year career behind her as a development economist at the World Bank, eventually becoming its number two.
She is also on Twitter’s board of directors and is a special envoy for the World Health Organization’s Covid-19 fight.
If Okonjo-Iweala wins, she would become the first African to lead the global trade body in its 25-year history.
“Thanks, WTO members for your continued support of my candidacy,” she said on Twitter.
“I could not have made it without the prayers and support of all Nigerians and friends around the world,” she added.
Yoo tweeted that she was “deeply grateful and honoured” to have made it through.
“We need a capable and experienced new leader who can rebuild trust and restore relevance of the WTO. I look forward to your continued support,” she said.
Yoo, 53, is South Korea’s first female trade minister. She has enjoyed a career in trade diplomacy and foreign affairs in which she struck free trade agreements with China and the United States.
“Both of the women in the final round are remarkably well-qualified,” Rockwell said.
“This is something on which everyone is agreed. We’ve been impressed with them from the very beginning. They are people with long experience dealing with tricky issues.
“It’s clear that whichever woman assumes this job will have a very full plate from day one.”
– US-China tensions – Before the Covid-19 crisis hit, the WTO was already grappling with stalled trade talks and struggling to curb tensions between the United States and China.
The global trade body has also faced relentless attacks from Washington, which has crippled the WTO dispute settlement appeal system and threatened to leave the organisation altogether.
“We do need a director-general, and the sooner she can take office, the better,” Rockwell said.
He insisted that the timetable for picking the next leader was unrelated to the US presidential election on November 3, and fears that the campaign for the White House might cripple the WTO leadership process have not materialised.
After being knocked out of the contest, Tuwaijri said he was “extremely confident” that either of the remaining candidates would “steer the WTO in the right direction, to the benefit of all”.
The WTO forecast on Tuesday that global trade, devastated by the coronavirus crisis, will shrink by less than previously expected this year at minus 9.2 percent, but the rebound in 2021 will also be much weaker than previously forecast at 7.2 percent
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INTRODUCTION In the history of syntax, prepositions alongside other parts of speech are considered as one of the esteemed contributions of the sophists (the itinerant teachers) to the development of the human language. Etymologically, the term “preposition” belonged to the group of word class Aristotle, the founder, referred to as “syndesmoi”. Others in this group are conjunction , article and pronoun . They were thus grouped by Aristotle because they were found to be performing related functions that are summed up in binding terms and exposing the gaps amidst sentences when they are not included. As a plural term, “syndesmoi” is a collective noun that stands for the group while, conjunction , the part of speech that binds together the discourse and finds gaps in its interpretation was called “syndesmos” (see Robins, 1968). Indicating the function of prepositions, Aristotle called it “Prothesis” (a part of speech placed before other words in a composition
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STRICTLY FOR COUPLES … You will know that the man is the head while you are his neck. As such, you direct his focus and make him fixative Our series include the following : * Show him what he looks out for from other women * Teach him like he knows nothing * Learn to play naked games with your husband * Learn to package yourself * Learn to work on your husband M y neighbour had v owed never to let any girl survive as a salesgirl in my shop. This thing has happened for over three times. Each time we brought a new salesgirl, the girl would stay for two or three months; and suddenly she would end her contract with us. In all these, my husband did not know. So, being that the girls usually stole money and other items, the reason for their departure became genuine, thus: they ran away to avoid being punished for their actions. But behind this, the underlying truth is that the girls had been embarrassed by my neighbour who would warn them to leave her loosed husband. Re
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Copied from the book, Reality as Myths by Onyeji Nnaji T he world of the Bantu travellers shows the walls of the migration that recorded the highest population among the African settlement. Originating from the largest population among the four races that settled in the east before time, all Bantu travellers were pygmies; for that was the nature of the Umudiala, the generation that gave birth to them. The Wikipedia map for Bantu migrations shown below will be of help towards digesting our descriptions of the Bantu people. Bantu migration was rated the third earliest migration of the Negro race from the east. In this regard, all their movement had involved great population of people compared to the number of people involved in the two earlier populations that gave birth to Ethiopia, Nubia and Egypt: the Walker Traveller, and the Race of Anu. Bantu population as we have identified in the third chapter above outweighs the rest of the population of the ancient fathers