Dr. Ngozi Okonjo-Iweala, the pioneering first woman and African to helm the World Trade Organization (WTO), has officially announced her bid for a second four-year term as Director-General.
The 70-year-old economist and international finance expert has received resounding endorsements from member states, with the African Group formally requesting her re-election. Okonjo-Iweala’s leadership has been hailed for revitalizing the WTO, and her re-election bid has garnered widespread support, with 58 member states backing the African Group’s proposal.
“The overwhelming and broad-based support expressed by members has been truly humbling,” Okonjo-Iweala’s spokesman, Ismaila Dieng, said. “Dr. Okonjo-Iweala is committed to continuing her work in promoting global trade cooperation and strengthening the WTO.”
The WTO General Council meeting saw an outpouring of praise for Okonjo-Iweala’s achievements, with members urging her to seek a second term. Delegates praised her tireless efforts to address pressing global trade issues, including supply chain disruptions and trade tensions.
“I’m grateful for the support,” Okonjo-Iweala said. “Everything we’ve accomplished, we’ve done together. I look forward to continuing our collective efforts to promote economic growth, development, and cooperation.”
Okonjo-Iweala’s current term ends in August 2025, and with no other candidates in sight, her re-election seems imminent. The WTO Chair, Norwegian Ambassador Petter Olberg, has been officially informed of Okonjo-Iweala’s decision to seek re-election.
As the WTO navigates complex global trade issues, Okonjo-Iweala’s leadership has been hailed as a stabilizing force. Her re-election is seen as a vote of confidence in her ability to steer the organization through turbulent times.
