Kasmira Jefford (Geneva Solutions)
Published on November 28, 2024 at 05:16.
5 mins. reading
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The World Trade Organization is expected to reappoint Ngozi Okonjo-Iweala as director general this week
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Despite the unfavorable circumstances, the former director of the World Bank did not do poorly during her first mandate at the head of the Geneva-based organization
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After the election of Donald Trump to the American presidency, his task does not look easy
Ngozi Okonjo-Iweala has some “unfinished business” on his desk at the World Trade Organization (WTO). In 2021, the former Minister of Finance of Nigeria was the first woman to become the general director of the international organization based in Geneva and she intends to return for a second term. She will plead in this direction on Thursday with the 166 member states by presenting her priorities. And there is embarrassment of choice: the dispute resolution system is paralyzed; the second part of the fisheries subsidies agreement must be concluded; the negotiations on agriculture are waiting to be relaunched.
In a much broader sense, for Ngozi Okonjo-Iweala it will above all be about convincing a fragmenting world of the relevance of a multilateral trading system and its corollary: an international organization which acts as its arbiter.
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