Okonjo-Iweala set to be crowned DG of WTO as South Korean candidate withdraws from race
Okonjo-Iweala who joined the race late, is now set to be named DG of the WTO.
A photo combination of Nigeria’s Dr Ngozi Okonjo-Iweala (L) and South Korean Trade Minister, Yoo Myung-hee (R). Both women are in the running to lead the World Trade Organisation.Fabrice COFFRINI / AFP
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![Aliko Dangote [Nairametrics]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Aliko Dangote [Nairametrics]")
Bloomberg reports that Yoo made the decision after discussions with the U.S. and other major nations.
She examined all the issues “comprehensively;” including the need to revitalize the multilateral organization, according to a statement from Korea’s trade ministry on Friday.
Her withdrawal from the race arrives after dozens of former U.S. government officials urged President Joe Biden to endorse Okonjo-Iweala after the Trump administration blocked her selection.
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The WTO had to hold off on the entire process because of Trump's opposition, since the WTO always chooses its Director General by consensus.
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