There are glimmers of hope for a successful emergence as the
the World Trade Organisation (WTO) Director General, for Okonjo-Iweala.
This is evident as South Korea seems to have decided to withdraw its trade minister, Yoo Myung-hee, from the race thus facilitating the Nigeria’s candidate, Dr. Ngozi Okonjo-Iweala, to be confirmed as the head of the global trade body.
Washington Trade Daily (WTD) quoted people familiar with the development to have disclosed South Korea was expected to announce its decision to withdraw Myung-hee in the coming days to enable the WTO’s General Council appoint Okonjo-Iweala.
The Washington-based news medium stressed that South Korea had already conveyed its decision to the United States, which had been insisting on the selection of Myung-hee.
Part of the reason for the position adopted by the United States against Okonjo-Iweala, is that she is perceived to be close to the Democratic Party, according to the WTD.