Ngozi Okonjo-Iweala Reappointed as WTO Director-General for Second Term
In a significant development, Ngozi Okonjo-Iweala has been reappointed as the Director-General of the World Trade Organization (WTO) for a second four-year term. This announcement was made on November 29, 2024, following a General Council meeting of the organization.
Okonjo-Iweala’s reappointment is a testament to her strong leadership and commitment to promoting global trade and economic growth. As the first African and first woman to lead the global trade body, she has played a crucial role in helping WTO members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions.
During her first term, Okonjo-Iweala has worked tirelessly to promote trade as a driver of economic growth, development, and job creation. She has also been instrumental in promoting greater inclusivity and diversity within the WTO, and has worked to strengthen the organization’s relationships with other international organizations and stakeholders.
Okonjo-Iweala has expressed her gratitude for the trust and support of the WTO General Council and its 166 members. In a statement, she said: “I am deeply humbled and honored by the trust that WTO members have placed in me. I pledge to continue delivering results that matter and improve the lives of people around the world.”
Key Achievements and Priorities
During her second term, Okonjo-Iweala is expected to build on the progress made during her first term. Some of her key priorities will include:
Promoting Trade and Economic Growth: Okonjo-Iweala will continue to work with WTO members to promote trade as a driver of economic growth, development, and job creation.
Strengthening the WTO: Okonjo-Iweala will work to strengthen the WTO’s dispute settlement system, improve its transparency and accountability, and enhance its relationships with other international organizations and stakeholders.
Promoting Inclusivity and Diversity: Okonjo-Iweala will continue to promote greater inclusivity and diversity within the WTO, including through the development of programs and initiatives to support the participation of women, youth, and small and medium-sized enterprises (SMEs) in international trade.
Addressing Global Challenges: Okonjo-Iweala will work with WTO members to address pressing global challenges, including climate change, pandemics, and conflict.
Conclusion
Ngozi Okonjo-Iweala’s reappointment as WTO Director-General is a significant development for the global trade community. Her leadership and commitment to promoting trade and economic growth have been instrumental in helping WTO members navigate pressing global challenges. As she begins her second term, Okonjo-Iweala is well-positioned to continue delivering results that matter and improve the lives of people around the world.
