WTO set to welcome new Director-General

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Former Nigerian Finance Minister Ngozi Okonjo-Iweala will become the first African and first woman to head the World Trade Organization. This comes after a South Korean rival withdrew from the race and the U.S. reversed its earlier opposition. The Biden administration has expressed strong support for the Nigerian, citing her experience at the World Bank and leading Nigeria’s finance ministry. The developments ended months of uncertainty over the leadership of the global trade body. Okonjo-Iweala said she was looking to move forward with needed reforms. How does Okongo Iweala’s appointment affect the influence of different nations?

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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