WTO: FG reacts to US position on Okonjo-Iweala Skip to main content

WTO: FG reacts to US position on Okonjo-Iweala

 


As the world awaits the outcome of the final consensus decision on the next World Trade Organisation, WTO, there are indications that Nigerian government may have started diplomatic actions to head-off opposition from the United States of America, USA, against the emergence of Nigeria’s Okonjo-Iweala for the job.

A source at the Ministry of Trade and Investment told newsmen that the government was taking steps to prevent USA’s opposition from snowballing into adverse swing in the support base for Nigeria’s nominee.

Earlier, Okonjo-Iweala had received endorsement from the majority of the voting members of the WTO giving her a clear lead over the contending candidate, South Korea’s trade minister, Mrs Yoo Myung-hee.

But sources close to the WTO as well as western media outlets have indicated yesterday that the USA was drumming support in favour of Myung-hee, while advancing reasons why Okonjo-Iweala should not get the job.

When contacted, a top trade ministry source said, “the Ministry was aware of USA’s position long before now and we are not folding our hands”.

He also added, “we are confident that most of the countries that have expressed support would not back out under pressure from USA.”

He declined to give details of what the government was doing to ensure the support of the majority of the WTO Council members.

Okonjo-Iweala emerged winner of the highly competitive race, polling 104 endorsements out of 164 member countries at the final stage of the race earlier this week.

The process of picking WTO’s DG/ Chief Executive is based on consensus building where the voting members are expected to adopt any candidate that commands acceptance of the majority of the voting members.

However, where such consensus was not achieved, the Council members will resort to outright voting with the highest number of votes deciding who gets the job.

The endorsements, which still needs full WTO approval caps a more than four-month selection process involving intensive lobbying.

However, Deputy U.S. Trade Representative, Dennis Shea, said during a meeting of WTO delegates in Geneva yesterday, that his country would not support a consensus decision to appoint Okonjo-Iweala.

All WTO decisions are taken by a consensus of its 164 members, which means the U.S. move will act as a veto that disrupts the process.

The recommendation of Okonjo-Iweala was made by three WTO ambassadors, the so-called “troika”, after consulting with members in a series of closed-door meetings in Geneva as part of an intricate and opaque process that some have compared to a papal succession.

A WTO official said the organisation would continue to push for a consensus ahead of meeting of its General Council tentatively set for November 7, but a decision should be taken before that date whether by consensus or voting.

Comments

Popular posts from this blog

#BBNaija SEASON 5: Meet the housemates

After many weeks of waiting, the popular reality TV show, Big Brother Naija is back with a new season that promises to be filled with immense drama and excitement. According to organisers, MultiChoice Nigeria, the winner of this year’s edition will be going home with N85 million worth of prizes! Yes, way bigger than the previous editions. The breakdown of the prizes for the winner includes: a N30m cash prize; a top SUV; a trip to Dubai for two; a trip to Dublin; a two bedroom apartment; three smartphones; and a year’s supply of selected food stuff, snacks and drinks. There’s also a bonus prize of two VIP Tickets to watch a Champion League final game live. Meet the housemates: DORATHY Dorathy Bachor is a 24-year-old entrepreneur from Lagos. She believes she is the only one who should make you smile. Her sassiness will definitely prove to be an asset in Biggie’s house. What new habit or skill did you acquire during lockdown? I can sleep for more than four hours. I also discovered the abi

#BBNaija 2020: Get out, I’m done with you – Erica blasts Laycon

Big Brother Naija Lockdown housemate, Ngozi Nlewedim, popularly known as Erica, has berated fellow housemates, Laycon, for gossiping about her with the others. Laycon, who has a very strong feeling for Erica, seems to have been affected by the outcome of rejection as the Abia-born female housemate picked Kiddwaya over him. For this reason, Laycon has been seen at different times and locations discussing Erica and telling fellow housemates how he feels being rejected. Erica had once made it clear that while she is mentally attracted to Laycon, she is physically attracted to her lover, Kiddwaya. Addressing the housemates during Sunday’s live eviction, the reality tv show host, Ebuka had drawn the attention of Erica to things going on around her, one of which was Vee advising Laycon on how to handle his feelings for Erica. After the live eviction, Erica chatted with Vee, wondering why Laycon hasn’t moved on yet. Erica said that by now Laycon should move on and stop going around telling th

#BBNaija 2020: Kiddwaya’s mother finally speaks with Erica, details of conversation revealed

Susan Waya, mother of Big Brother Naija, BBNaija, evicted housemate, Kiddwaya, has finally reached out to ex-housemate, Erica. Mrs Waya, who spoke with Erica on phone, described the evicted BBNaija housemate as a “sweet lady.” She disclosed this to The Boss, a newspaper owned by Dele Momodu, on Monday. Mrs Waya who lives in Essex, United Kingdom said their conversation lasted for about 10 minutes. “She’s such a sweet lady… I’m looking forward to meeting her and can’t wait to see my son very soon in Lagos,” she said. Recall that Erica and Kiddwaya were involved in what many termed as a relationship while on the reality show. Though, they had their on-and-off moments, but the romantic cord between them was unmistakable. While Erica was disqualified from the BBNaija reality television show two weeks ago, Kiddwaya was evicted on Sunday.