Historic Reappointment
The World Trade Organization (WTO) General Council has unanimously reappointed Dr. Ngozi Okonjo-Iweala for a second four-year term as Director-General. Her new term will begin on September 1, 2025, extending her groundbreaking leadership as the first woman and the first African to head the global trade body.
A Transparent Process
The reappointment process commenced on October 8, 2024, under the guidance of Ambassador Petter Ølberg of Norway, Chair of the WTO General Council. By the November 8 deadline, no other nominations were submitted, leaving Dr. Okonjo-Iweala as the sole candidate.
During a special General Council meeting held on November 28-29, 2024, Dr. Okonjo-Iweala presented her vision for the future of the WTO and engaged in a comprehensive Q&A session with member nations. Her reappointment was finalized unanimously, reflecting widespread approval of her leadership.
Ambassador Ølberg praised her tenure, noting, “Her leadership during turbulent times has been pivotal in strengthening the WTO’s capacity and relevance. Under her stewardship, significant outcomes were achieved, including milestones at the 12th and 13th Ministerial Conferences.” He also highlighted her efforts to promote inclusivity and fairness within the global trading system.
Achievements in Leadership
Since taking office on March 1, 2021, Dr. Okonjo-Iweala has played a central role in revitalizing the WTO. Her leadership has fostered trust among member states and strengthened the organization’s ability to address pressing global issues.
Key accomplishments from her first term include:
- Landmark Agreements: Her leadership at the 12th (MC12) and 13th (MC13) Ministerial Conferences resulted in groundbreaking agreements on fisheries subsidies and e-commerce, showcasing the WTO’s ability to deliver results on critical trade issues.
- Institutional Reforms: Dr. Okonjo-Iweala spearheaded initiatives to improve transparency and streamline operations, ensuring the organization is prepared to address modern trade challenges.
- Global Challenges: Under her guidance, the WTO contributed to global efforts in pandemic recovery, food security, and sustainability.
Charting the Road Ahead
Dr. Okonjo-Iweala’s second term comes at a pivotal time as the global economy faces new complexities. Her forward-looking agenda includes:
- Strengthening the WTO’s dispute resolution mechanisms.
- Promoting inclusive trade practices that empower developing nations.
- Addressing emerging issues like digital trade and climate change adaptation.
Expressing gratitude for the continued support, Dr. Okonjo-Iweala remarked, “The WTO has a vital role in fostering economic resilience, and I am committed to driving reforms that reflect the needs of all members. Together, we will work to shape a fair, rules-based trading system that benefits everyone.”
A Vote of Confidence
Dr. Okonjo-Iweala’s reappointment underscores global confidence in her ability to navigate the complexities of international trade. It reaffirms the WTO’s commitment to fostering a dynamic and inclusive global economy under her visionary leadership.
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Source: #World Trade Organization