GENEVA, July 8 — Six candidates are vying to become the next head of the World Trade Organisation — an institution which faced mammoth challenges even before the pandemic-driven global economic crisis struck. The window to enter the race slams shut today, in a speeded-up contest to replace the...
In this file photo taken September 19, 2016 former Finance Minster of Nigeria Ngozi Okonjo-Iweala looks on during the Opening Plenary Session: ‘Partnering for Global Prosperity,’ at the Clinton Global Initiative in New York. — AFP pic
The United States, which has threatened to leave the WTO, has blocked the organisation’s dispute settlement appeal system since December, and wants China moved up from the developing economies category. The next incumbent faces a tough task, with the WTO caught in the middle of rising tensions between the United States and China.
Of the directors-general since the WTO was created in 1995, three were from Europe, while one each came from Oceania, Asia and South America.
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