Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), has announced her intention to seek a second four-year term in office, aiming to address “unfinished business” from her first mandate. In an interview with Reuters, she expressed her desire to contribute to the WTO’s ongoing development and indicated that she plans to formally communicate her candidacy to the organization’s main decision-making body.
Key points regarding her announcement include:
1. First Female and African Leader: Okonjo-Iweala made history when she took office in March 2021 as the first woman and the first African to lead the WTO, marking a significant milestone for the organization.
2. Focus Areas for Second Term: In her bid for a second term, she highlighted several priorities, including:
• Finalizing a deal to end harmful fisheries subsidies.
• Achieving progress in global agriculture negotiations.
• Reforming the WTO’s dispute resolution system, which has faced challenges.
• Promoting decarbonization in trade practices.
3. Timeline for Application: Okonjo-Iweala has until the end of November to formally apply for reappointment. The early announcement of her intention to seek a second term is seen as a strategic move, especially following the withdrawal of U.S. President Joe Biden from the election campaign, which could impact her candidacy.
4. Consensus Rules: Under WTO rules, if no other candidates emerge and there is consensus among member states, Okonjo-Iweala could be re-elected without a contested election.
5. Political Context: Her initial appointment faced opposition during the Trump administration, which was critical of the WTO. However, she gained U.S. support under President Biden. When asked about the potential implications of a Trump re-election for her role and the WTO, she emphasized her focus on her work and the lack of control she has over political developments.
Overall, Okonjo-Iweala’s announcement reflects her commitment to advancing global trade issues and her readiness to continue leading the WTO through its current challenges.
