{"id":4432,"date":"2021-02-06T13:20:23","date_gmt":"2021-02-06T13:20:23","guid":{"rendered":"https:\/\/news.comandantetchao.net\/wp\/?p=4432"},"modified":"2021-02-06T13:54:59","modified_gmt":"2021-02-06T13:54:59","slug":"a-black-woman-will-be-the-worlds-top-trade-official-for-the-first-time","status":"publish","type":"post","link":"https:\/\/news.comandantetchao.net\/wp\/?p=4432","title":{"rendered":"A Black woman will be the world’s top trade official for the first time"},"content":{"rendered":"\n

By Hanna Ziady and Charles Riley, CNN Business<\/p>\n\n\n\n

Updated 4:15 PM ET, Fri February 5, 2021<\/sub><\/em><\/p>\n\n\n\n

London-(CNN Business)The path has been cleared for Nigeria’s Ngozi Okonjo-Iweala to become the first woman and the first African to lead the World Trade Organization after South Korea’s candidate pulled out of the race for the job.<\/p>\n\n\n\n

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Yoo Myung-hee, the South Korean trade minister, announced her decision to withdraw in a televised briefing on Friday.<\/p>\n\n\n\n


Okonjo-Iweala, an economist and former finance minister of Nigeria, already enjoyed broad support from WTO members, including the European Union, China, Japan and Australia.<\/p>\n\n\n\n

However, the United States, under the Trump administration, had favored Yoo, complicating the decision-making process since the selection of a new leader requires all WTO members to agree. Okonjo-Iweala’s formal selection may have to wait until after the United States appoints a new trade representative.<\/p>\n\n\n\n

Yoo said that her decision had been reached after “close consultation” with the United States. The WTO had been without a leader for too long, she added.<\/p>\n\n\n\n

The Geneva-based body, tasked with promoting free trade, has been without a permanent director general since Roberto Azev\u00eado stepped down a year earlier than planned at the end of August after the WTO was caught in the middle of an escalating trade fight between the United States and China.<\/p>\n\n\n\n

The Trump administration was highly critical of the WTO and undermined its standing by imposing tariffs on Canada, Mexico, China and the European Union. Okonjo-Iweala will thus assume control of an organization that has struggled to prevent trade spats between its members.<\/p>\n\n\n\n

Lire la Suite \/ Voir le Video:<\/a><\/strong><\/p>\n\n\n\n

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