techreal247.com
  • Accountability
  • Activate
  • Activity
  • Advertise
  • Audio Download
  • Business Development
  • Cart
  • Checkout
  • Contact
  • Counselling and Welfare
  • Disclaimer
  • Download Page
  • First visit Bonus
  • Forum
  • Groups
  • Home
  • Home 2
  • Home 3
  • Home 4
  • Home 5
  • Job Dashboard
  • Job listing
  • Jobs
  • Jobs
  • Members
  • Mentorship
  • musicstore
  • My account
  • Personal Development
  • Post a Job
  • Privacy Policy
  • Privacy Policy
  • Raising Funds
  • Register
  • Religion and Spirituality
  • Sample Page
  • Shop
  • Starting a business
  • video
  • Videos
Tuesday, February 7, 2023
  • Login
  • Register
No Result
View All Result
contact
Welcome to my360Info
  • Home
  • Gists
  • Movies
    • Hollywood
    • Nollywood
    • TV Series
    • Animations
    • Korean Movies
  • Music
    • Hip Hop
    • Gospel
  • Sports
  • Home
  • Gists
  • Movies
    • Hollywood
    • Nollywood
    • TV Series
    • Animations
    • Korean Movies
  • Music
    • Hip Hop
    • Gospel
  • Sports
No Result
View All Result
Welcome to my360Info
No Result
View All Result
Home gist

Okonjo-Iweala Named First Female, African WTO Boss

February 16, 2021
in gist
Reading Time: 2min read
0
Okonjo-Iweala Named First Female, African WTO Boss
Share on FacebookShare on Twitter

 Okonjo-Iweala becomes first woman, African to lead
Diplomats at the World Trade Organization on Monday appointed Nigeria’s Ngozi Okonjo-Iweala to lead the Geneva-based body, becoming the first woman and first African to do so.

The 66-year-old has taken over the reins of the WTO, which helps set the rules for global trade between its 164 member countries.

Her predecessor, Roberto Azevedo, stepped down on August 31, a year before his term expired, to take a job in the private sector.

Okonjo-Iweala said tackling the economic fallout from the coronavirus pandemic would be her top priority when she takes up the post in March.

She said in a statement that she wanted to “implement the policy responses we need to get the global economy going again.”

“Our organization faces a great many challenges but working together we can collectively make the WTO stronger, more agile and better adapted to the realities of today,” the trained economist said.

The new WTO chief in profile

Okonjo-Iweala is a former Nigerian finance minister and foreign minister, who spent 25 years at the World Bank.

That is where she developed a reputation as an advocate for stronger economic growth and development spending in poorer countries.

She made an unsuccessful bid for the Bank’s top post in 2012 with the backing of African and other developing countries, losing to American Jim Yong Kim.

European Commissioner for Trade Valdis Dombrovskis said the EU would now look to work with Okonjo-Iweala “to drive much-needed reform of the institution.”

“The WTO needs to be recast with up-to-date rules fit for today’s world, focusing on the sustainable and digital transformations of the global economy,” he said.

US Charge d’Affaires David Bisbee said in Geneva on Monday that Okonjo-Iweala “can count on the United States to be a constructive partner.”

She “has promised that under her leadership it will not be business as usual for the WTO, and we are excited and confident that she has the skills necessary to make good on this promise,” Bisbee was quoted as saying by Reuters.

Nigerian President Muhammadu Buhari said her “track record of integrity, diligence and passion for development will continue to yield positive results and rewards to mankind.”

US seeks to re-engage
US President Joe Biden backed her candidacy, which had been opposed by former president, Donald Trump.

Biden wants to re-engage with the body in a bid to resolve a number of trade disputesthat were sparked under the previous administration.

Trump slapped tariffs of 25 percent on European steel; Biden has not said if he plans to scrap the levies. They are backed by the US steel industry and trade unions.

But Washington has long argued the WTO is too bureaucratic, making it poorly placed to tackle China’s state-dominated economy.

0 0 votes
Article Rating
Post Views: 115
Tags: Celebrity gist
0 0 votes
Article Rating
Subscribe
Connect with
Login
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
Notify of
guest
Connect with
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
guest
0 Comments
Inline Feedbacks
View all comments
ADVERTISEMENT

Recommended

The Mauritanian – 2021

The Mauritanian – 2021

2 years ago
The Woman King (2022)

The Woman King (2022)

3 months ago
ADVERTISEMENT
  • Animations
  • Bollywood
  • Download Movies
  • Download Music
  • gist
  • Gospel
  • Hip Hop
  • Hollywood
  • Korean Movies
  • Nollywood
  • Series
  • Sports
  • TV Series
  • Uncategorized
  • Home
  • Gists
  • Movies
  • Music
  • Sports

© 2021 Globallynks INC.

No Result
View All Result
  • Home
  • Gists
  • Movies
    • Hollywood
    • Nollywood
    • TV Series
    • Animations
    • Korean Movies
  • Music
    • Hip Hop
    • Gospel
  • Sports

© 2021 Globallynks INC.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply