• Latest
  • Trending
WTO: Okonjo-Iweala favourite as members set to narrow aspirants to two

WTO: Road clear for Okonjo-Iweala as South Korea withdraws candidate

November 24, 2020
Drama as Nigerian swallows cocaine during drug raid in India

Drama as Nigerian swallows cocaine during drug raid in India

January 17, 2021
Nigerian-American communities assure US President-elect, Biden of support, cooperation

Is diaspora now about rubbishing those at home? By Prof Toyin Falola

January 17, 2021
Buhari appoints ex-Lagos Military Administrator, Marwa, NDLEA  chairman

Buhari appoints ex-Lagos Military Administrator, Marwa, NDLEA chairman

January 16, 2021
Stanbic IBTC discontinues BDC operations

Stanbic IBTC discontinues BDC operations

January 16, 2021
Step up action on security, Oke-Ogun indigenes tell govt, obas

Suspected herdsmen hack farmers in Oyo community

January 16, 2021
No death recorded in Lekki shootings, says Sanwo-Olu

COVID-19: Sanwo-Olu orders civil servants to work from home till Feb 1

January 16, 2021
Amotekun arrests tailor for sowing fake corps uniform in Ibadan

Amotekun arrests tailor for sowing fake corps uniform in Ibadan

January 16, 2021
Alaafin’s erudition pride to Yoruba race – Adewusi, NIPOST boss

Alaafin’s erudition pride to Yoruba race – Adewusi, NIPOST boss

January 16, 2021
Nigeria must restructure now to avoid 2023 elections boycott, says Ex-Ohanaeze president

Nigeria must restructure now to avoid 2023 elections boycott, says Ex-Ohanaeze president

January 16, 2021
US-based Nigerian plans N3bn investment in Fidelity Bank

US-based Nigerian plans N3bn investment in Fidelity Bank

January 16, 2021
Nigeria to receive 10 million COVID-19 vaccine  in March ― Health Minister

Nigeria to receive 10 million COVID-19 vaccine in March ― Health Minister

January 15, 2021
UBEC,SUBEB roll out 217 intervention projects in Oyo State

UBEC,SUBEB roll out 217 intervention projects in Oyo State

January 15, 2021
  • Contact Us
  • Advertise
Sunday, January 17, 2021
  • Login
Newspeakonline
  • News
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • News
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
Home News

WTO: Road clear for Okonjo-Iweala as South Korea withdraws candidate

Akinwande Soji-Ojo by Akinwande Soji-Ojo
November 24, 2020
in News
Reading Time: 2 min
0
WTO: Okonjo-Iweala favourite as members set to narrow aspirants to two
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram
UBA Banner 533×166
FirstBank Dec29


South Korea has decided to withdraw its candidate from the World Trade Organisation (WTO) Director-General (DG) race, Washington Trade Daily reports.

Yoo Myung-hee is South Korea’s trade minister and its candidate for the top job at the WTO, following the resignation of Roberto Azevedo.

RelatedPosts

Drama as Nigerian swallows cocaine during drug raid in India

Buhari appoints ex-Lagos Military Administrator, Marwa, NDLEA chairman

Suspected herdsmen hack farmers in Oyo community

Ngozi Okonjo-Iweala, Nigeria’s candidate in the WTO race, had secured the popular vote by a wide margin on October 28 but was not named DG because the United States opposed her candidacy.

The two women are the last candidates standing and the eventual winner will set a record as being the first female WTO DG.

However, there are speculations that the US might change its stance following Donald Trump’s failure to get re-elected as president.

After the October 28 meeting, the WTO also said Okonjo-Iweala had the best chance of getting a consensus.

Washington Trade Daily quoted sources as saying South Korea has notified the US of its decision and is expected to make it public “in the coming days.”

“Washington refused to accept the recommendation made by the selection panel chaired by General Council Chair, Ambassador David Walker that Ms Okonjo-Iweala is the candidate most likely of the two to attract consensus because she clearly carried the largest support by members in the final round and clearly enjoyed broad support from members from all levels of development and from all geographic regions and has done so throughout the process.

“Yoo from Korea failed to receive enough support from members of all levels of development i.e. the developed, developing and least developing countries, as well as geographically in comparison to the “largest” support received by Ms Okonjo-Iweala,” the medium said.

The November 8 general council meeting scheduled to consider the appointment of the next DG was also postponed.

Another general council meeting has been scheduled for December 17.

Related

Tags: Okonjo IwealaSouth KoreaWTO
Previous Post

Ondo deputy speaker impeached

Next Post

Nigerians to pay up to $15,000 bond for US visa as Trump activates new policy

Related Posts

WTO: Okonjo-Iweala favourite as members set to narrow aspirants to two

WTO: Setback for Okonjo-Iweala as US wants DG race reopened

December 18, 2020
Nigeria to access COVID-19 vaccine January 2021, says Okonjo-Iweala

Nigeria to access COVID-19 vaccine January 2021, says Okonjo-Iweala

December 10, 2020

Okonjo-Iweala named Forbes Africa Person of the Year 2020

December 2, 2020

Buhari rallies Europe’s support for Okonjo-Iweala, seeks debt relief for Africa

October 30, 2020

How WTO will handle Okonjo-Iweala’s US rejection

October 30, 2020

WTO: We’ll continue to engage relevant stakeholders over Okonjo-Iweala, says FG

October 29, 2020

Why we oppose Okonjo-Iweala’s emergence as WTO DG- US

October 29, 2020
Next Post
Nigerians to pay up to $15,000 bond for US visa as Trump activates new policy

Nigerians to pay up to $15,000 bond for US visa as Trump activates new policy

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nigeria COVID-19 Live Update

NIGERIA

Confirmed
108,943
Deaths
1,420
Recovered
85,367
Active
22,156
Last updated: January 17, 2021 - 9:36 am (+01:00)

Global

Confirmed
95,007,057
+75,871
Deaths
2,032,106
+2,271
Recovered
67,826,998
Active
25,147,953
Last updated: January 17, 2021 - 9:36 am (+01:00)
Access Bank2020

Newspeakonline

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics
  • COVID-19 Update

Follow Us

No Result
View All Result
  • News
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

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