GENEVA (Reuters) – The World Trade Organization has cancelled a meeting on Nov. 9 to decide on the appointment of Nigeria\u2019s Ngozi Okonjo-Iweala as the body\u2019s next director general after the United States rejected her as a candidate.<\/p>\n
Trade sources said they thought a factor in the delay was that there had been no indication the Trump administration – which will continue to govern trade policy in the weeks ahead irrespective of any U.S. election result – had switched its support to Okonjo-Iweala.<\/p>\n
A WTO document seen by Reuters said: \u201cFor reasons including the health situation and current events, delegations will not be in a position to take a formal decision on 9 November.\u201d It said it had been postponed until further notice.<\/p>\n
As well as the impasse over the leadership, Geneva, home to the WTO, implemented COVID restrictions this week including a five-person cap on in-person meetings, although the organisation has held many meetings virtually.<\/p>\n
The WTO later confirmed the decision on its website, saying consultations would continue. The body usually chooses its new leader by consensus, with trade sources saying they would be reluctant to resort to a vote.<\/p>\n
A high-powered WTO panel last month recommended Okonjo-Iweala, a former finance minister, to lead the global trade watchdog, setting her up to become its first African and first woman head.<\/p>\n
However, the U.S.-backed South Korean candidate Yoo Myung-hee, has not withdrawn from the race, despite mounting diplomatic pressure.<\/p>\n
There was no immediate comment from the U.S. Trade Representative\u2019s office.<\/p>\n
U.S. President Donald Trump has frequently criticised the WTO, calling it \u201chorrible\u201d and biased towards China. His administration has already blocked judge appointments, disabling its top appeals panel last year.<\/p>\n
Okonjo-Iweala, currently chairing the GAVI vaccine alliance board, has vowed \u201cpositivity all the way\u201d on her Twitter feed.<\/p>\n
\u201cDr. Ngozi is very grateful for the WTO\u2019s support and she\u2019s ready to get to work as soon as possible,\u201d her spokeswoman Molly Toomey said.<\/p>\n
<\/p>\n
GENEVA (Reuters) – The World Trade Organization has cancelled a meeting on Nov. 9 to decide on the appointment of Nigeria\u2019s Ngozi Okonjo-Iweala as the body\u2019s next director general after the United States rejected her as a candidate. Trade sources said they thought a factor in the delay was that there had been no indication […]<\/p>\n","protected":false},"author":62,"featured_media":31652,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1451,1517],"class_list":["post-32082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-covid-19","tag-world-trade-organisation"],"yoast_head":"\n