Okonjo-Iweala Emerges WTO Director-General

*Ngozi Okonjo-Iweala at the World Economic Forum in Davos, Switzerland, January 30, 2010 *Photo: Remy Steinegger/World Economic Forum/Flickr
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By InFocus

Dr. Ngozi Okojo-Iweala has been appointed as the World Trade Organisation’s director-general in a hotly contested race that saw her pitted against South Korea’s Trade Minister Myung-hee in the last two.

Okonjo-Iweala who polled 104 votes from 164 member countries, has held several high profile positions, including her appointment twice, as Nigeria’s finance minister.

Reports indicate that Africa accounts for only around 2% of global trade, while Asia represents about a third. South Korea’s share alone is larger than that of Africa’s 55 countries combined, pointing to the need for more equitable access by Africa to the international trading system, experts have said in the run-up to the election of Okonjo-Iweala.

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