• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News Politics

Kenyan Candidate emerges as strong contender to Iweala for WTO

Chike OlisahbyChike Olisah
3 years ago
in Politics
WTO DG Position: Early front-runner emerges in the race
Share on FacebookShare on TwitterShare on Linkedin

As the race for the position of the Director-General of the World Trade Organization (WTO), hots up, it appears that an early front runner has emerged in the race.

According to a report from Bloomberg, at the end of last week, there was a general perception that the nominee from Kenya, Amina Mohammed, is the early front runner to the race.

Mohammed, who was a former WTO ambassador, an ex-trade minister, and a former Chair of the WTO ministerial conference, ticks most of the boxes that the delegates are looking out for in the next WTO Director-General.

READ MORE: Institute of Directors Is getting involved in the Oando versus SEC battle

She is considered fluent in the WTO’s procedures and legal texts and she personally helped negotiate the WTO’s most recent package of multilateral agreements. She is also from sub-Saharan Africa’s third-largest economy in addition to being from a continent that is pursuing more free trade with the world.

The 8 candidates last week all had the opportunity to interact with the delegates and present their vision, stating why they are the best person for the job. Each of the candidates explained how they hope to fix WTO’s declining negotiating function, its paralyzed dispute settlement system, and the various other ailments that have rendered the world’s foremost arbiter of trade ineffective.

READ MORE: WTO accepts nomination of Okonjo-Iweala as DG despite opposition from Egypt

The other candidates are Nigeria’s Ngozi Okonjo-Iweala, Abdel-Hamid Mamdouh (Egypt), Jesús Kuri (Mexico), Tudor Ulianovschi (Moldova), Yoo Myung-hee (Korea), Mohammad Al-Tuwaijri (Saudi Arabia), and Liam Fox (UK).

The first phase of the WTO’s selection process is not about identifying who has what it takes to lead the organization, but more about deciding who does not.

Although each candidate will continue their campaigns until Sept. 7, some are destined for elimination. According to some delegates, Saudi Arabia and Moldova’s candidates are in that category. While they both have impressive resumes, this probably isn’t their moment to lead the WTO.

Explore research data on Nairalytics from Nairametrics

It’s not yet clear how many candidates will drop at this first stage; some are of the opinion it might be 3 or 4. At this point, the viability of any candidate largely depends on their ability to avoid the dreaded veto.

The WTO operates on the basis of consensus and the final candidate should, in all likelihood, have the support of the WTO’s 164 members. That’s no easy feat because nations can withhold their support for any reason.

Tags: Amina MohammedNgozi Okonjo IwealaWTO

Comments 1

  1. Lukpata says:
    July 21, 2020 at 3:55 pm

    Dr Ngozi is till the best for economic growth and development in the world through WTO

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

hfm
UBA
Mega Millions
Mega Millions
fidelity banner
HFM







NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Binance operations in Nigeria is illegal – Nigeria’s SEC
  • Meet Adebisi Shonubi, the newly appointed acting CBN Governor
  • What the CBN Act says about suspension of CBN Governor

Follow us on social media:

Recent News

Binance hosts Nigerian Idol street edition on Nigerian university campuses

Binance operations in Nigeria is illegal – Nigeria’s SEC

June 10, 2023
mCash transactions hit N88.56 billion one year after re-launch – NBS  

Meet Adebisi Shonubi, the newly appointed acting CBN Governor

June 9, 2023
  • Download Nairametrics iOS App
  • Download Nairametrics Android App
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • Login
  • Sign Up

© 2023 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In