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Ekiti State: Ododo Commissions...

Kogi State Governor Ahmed Usman Ododo, has commended Governor Biodun Oyebanji for his...

Ekiti State: Ododo Commissions...

Kogi State Governor Ahmed Usman Ododo, has commended Governor Biodun Oyebanji for his...

Ekiti State: Ododo Commissions...

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HomenewsWTO Reaffirms Okonjo-Iweala's...

WTO Reaffirms Okonjo-Iweala’s Leadership with Unanimous Vote for Second Term

Ngozi Okonjo-Iweala has received a unanimous endorsement from the World Trade Organization (WTO) General Council for a second term as Director-General, solidifying her leadership for another four years. The decision, which comes ahead of her current term’s expiration in 2025, underscores the continued confidence WTO members have in her ability to guide the organization through complex global trade dynamics. Okonjo-Iweala will officially begin her second term on September 1, 2025.

Throughout her first term, Okonjo-Iweala played a crucial role in steering the WTO through turbulent times, including the COVID-19 pandemic and escalating global political and economic challenges. Under her leadership, the WTO managed to adapt to an ever-evolving global landscape, supporting international cooperation and addressing critical issues such as trade barriers and vaccine distribution. Her leadership has been marked by an emphasis on resilience.

In her statement following the reappointment, Okonjo-Iweala expressed deep gratitude for the trust placed in her by the WTO’s 166 member countries. She reaffirmed her commitment to using trade as a driver of economic growth, stability, and prosperity for all nations. Her leadership vision revolves around making trade more inclusive and ensuring that the benefits of a global trading system reach people on the ground, particularly in developing countries.

The reappointment marks a significant milestone in Okonjo-Iweala’s distinguished career, as she continues to break barriers as both the first African and the first woman to hold the top post at the WTO. This decision reflects not only her effective management of the organization but also her unique ability to navigate the complexities of international trade while advocating for fairness and equity in the global economic system.

Looking ahead to her second term, Okonjo-Iweala is determined to further enhance the WTO’s role in shaping a resilient global trading system. Her focus will remain on addressing shared global challenges, including climate change, digital trade, and geopolitical tensions.

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