The United States has given reasons for supporting South Korea’s Myung-hee over Nigeria’s Ngozi Okonjo-Iweala for the World Trade Organisation (WTO) position.
This was contained in a statement issued by the office of the US trade representative Robert Lighthizer adding that the WTO needs “someone with real, hands-on experience in the field”.
“The United States supports the selection of Korean Trade Minister Yoo Myung-hee as the next WTO Director-General,” the USTR, led by Lighthizer, said.
“Minister Yoo is a bona fide trade expert who has distinguished herself during a 25-year career as a successful trade negotiator and trade policymaker. She has all the skills necessary to be an effective leader of the organization.
“This is a very difficult time for the WTO and international trade. There have been no multilateral tariff negotiations in 25 years, the dispute settlement system has gotten out of control, and too few members fulfill basic transparency obligations.
“The WTO is badly in need of major reform. It must be led by someone with real, hands-on experience in the field.”
Happy for the success & continued progress of our @wto DG bid. Very humbled to be declared the candidate with the largest, broadest support among members & most likely to attract consensus. We move on to the next step on Nov 9, despite hiccups. We’re keeping the positivity going!
— Ngozi Okonjo-Iweala (@NOIweala) October 29, 2020