Nigeria's Ngozi Okonjo-Iweala set to be first woman named WTO boss

Ngozi Okonjo Iweala poses outside a Nigerian diplomatic residence in Chambesy near Geneva Switzerland

After withstanding a veto of her candidacy by the now-departed Trump administration, Okonjo-Iweala takes the helm of the Geneva-based WTO at a precarious time for the world economy and just as the organisation itself is mired in a state of dysfunction.

The Donald Trump- led administration suggested that the race be reopened.

She held a previous role as chair of the Global Alliance for Vaccines and Immunisation after a public sector career in worldwide finance, including two terms as Nigeria's finance minister and some 25 years at the World Bank. The pandemic and its economic fallout have highlighted the interdependence of countries, the importance of multilateralism and the need to strengthen collaboration to achieve fair and balanced trade agreements that provide opportunities for all WTO members, particularly for the least developed countries and small island states. "It's about decent work for ordinary people", she said. The U.S. had blocked the appointment of new judges to the WTO's appellate body, essentially freezing its ability to resolve extended and complex trade disputes.

Giwa-Tubosun tweet one play-play video of herself wia she dress and begin talk like di former finance minister, wey WTO officially announce on Monday 15 January as dia oga.

Two top challenges she will face include examining the trade war between the United States and China, the world's two largest economies, and USA sanctions against the European Union and visa versa. She rose to the No. 2 position of that organization, where she helped to oversee $81 billion in development financing for Africa, South Asia, Europe and Central Asia.

Okonjo-Iweala received her undergraduate degree from Harvard University in the US, before going on to read for a PhD at the Massachusetts Institute of Technology.

The US delegation to the WTO said it is "committed to working closely with director general Okonjo-Iweala and she can count on the United States to be a constructive partner", according to a statement released in Geneva.

The process for selecting a new Director-General was triggered on 14 May when former Director-General Mr Roberto Azevêdo informed WTO members he would be stepping down from his post one year before the expiry of his mandate. Trump also imposed 25% steel tariffs that hit European allies on national security grounds, a justification that went beyond trade measures normally used within the WTO rules framework to address complaints about unfair trade.

Mohammad said that the historic nature of Okonjo-Iweala's appointment would inspire women and girls across the globe to become more involved in trade related professions and aspire to leadership positions in global organisations.

Brazil's government said it "is willing to collaborate with Director General Ngozi Okonjo-Iweala to strengthen the WTO in its mission to promote free trade among market economies". "The rest are hard". Ruling against Trump's move could provide a rallying cry for WTO skeptics in the US, while a ruling in favor could lead to other countries using national security justification as well. And that "opens a giant loophole in the trading system whereby all rules are meaningless", Bown said.



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