Okonjo-Iweala underscores need for election of credible DG for WTO

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By Habiba Broger
Geneva, July 15, 2020 Dr Ngozi Okonjo-Iweala on Wednesday in Geneva stressed the need for the World Trade Organisation (WTO) to elect a credible person based on merit to the position of Director General of the organisation.

Okonjo-Iweala, who is among the eight candidates vying for the position, said this while answering questions from newsmen at a news conference held shortly after her presentation to the WTO General Council.

“Choosing a Director General for WTO should be on merit. The best person should be chosen to lead an institution that’s having challenges.

“If it happens to be a woman, great. If it happens to be an African its also great. It should be based on merit,” she said.

“The WTO needs leadership and I’m someone with a strong managerial capability with the ability to forge consensus and reforms.

“These bundles of qualities in addition to my leadership quality is what I’m bringing to the WTO,” She added.

Okonjo-Iweala also spoke on various issues ranging from the impact of COVID-19 on trade, and its challenges to Micro, Small, and Medium Sized Enterprises (MSMSE) as well as e-Commerce.

According to her, E-Commerce and digital Economy are vital forms of trade especially in the wake of the coronavirus pandemic. However, there was need to address the challenge of digital divide in developing and least developed nations – where infrastructure remained a major impediment to such form of trade.

Similarly, she emphasized the need to strengthen MSMSE – a vital part of global economy which was adversely affected by the pandemic.

In the same vein, the former Finance Minister, also said that in tackling Covid-19, if elected as Director-General, she would ensure that vaccines are accessible to poorer countries.

“ When vaccines becomes available, there will be allocation criteria that will ensure that it’s accessible to all” She stressed while noting that she will bring her experience as Chair of GAVI, the Vaccine Alliance board to bear.

Other issues addressed by Okonjo- Iweala include fostering relations among member countries to rebuild trust on restoring consensus decision making- in other to strengthen the WTO.

Alongside Okonjo-Iweala , are candidates from Mexico, Egypt, Moldova, Republic of Korea, Kenya, UK, and Saudi Arabia vying for the WTO Director General position

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