News

WTO: Joe Biden Asked To Endorse Okonjo-Iweala As Korean Rival Withdraws

Dozens of former US government officials has asked President Joe Biden to endorse Okonjo-Iweala after the Trump administration blocked her selection.

Infoexpert24 reports that the South Korean Trade Minister Yoo Myung-hee withdrew her bid to lead the World Trade Organisation, leaving former Nigerian Finance Minister Ngozi Okonjo-Iweala as the only remaining candidate for the job.

Yoo was said made the decision after discussions with the United States and other major nations, and took various issues into account “comprehensively” including the need to revitalize the multilateral organization, according to a statement from Korea’s trade ministry on Friday.

Advertisement

The withdrawal comes after dozens of former US government officials urged President Joe Biden to endorse Okonjo-Iweala after the Trump administration blocked her selection. The opposition halted the selection process because WTO decisions are made on the basis of a consensus of its members.

Facebook Comments
InfoExpert24

Leave a Comment

Recent Posts

Exploring AXA Mansard Health Limited: Your Comprehensive Guide to HMO Plans

AXA Mansard Health Limited, the Health Maintenance Organization (HMO) division of AXA Mansard group of…

1 month ago

Nigerian Insurance Industry Database

The landscape of insurance in Nigeria is one that often operates in the shadows of…

1 month ago

Zenith Insurance: Product & Services

In the unpredictable journey of life, unforeseen events can strike when least expected. To safeguard…

1 month ago

SKYBLUE LOUGE & ACCOMODATION BEGIN OPERATIONS AT TARKWA BAY

Lagos and its surrounding areas are poised to experience a new level of luxury and…

5 months ago

Manchester United Suffer 3-1 Defeat To Brighton as Onana Error Compounds Misery

Manchester United slumped to a disappointing 3 -1 loss against Brighton, adding to Ruben Amorim’s…

5 months ago

UK Probe Finds No Stolen Nigerian Funds Linked to Diezani – Mike Ozekhome

Mike Ozekhome, SAN has dismissed ongoing allegations of corruption against former Petroleum Resources Minister Diezani…

5 months ago