Business

Okonjo-Iweala seeks second term as WTO DG

The World Trade Organisation Director-General, Ngozi Okonjo-Iweala, has expressed intention to seek another four-year term as the head of the organization.

The former Nigeria’s Finance Minister made this disclosure in an interview with Reuters on Monday, stating that she hopes to complete “unfinished business” from her first mandate.

She said, “I would like to be part of this chapter of the WTO story, and I stand ready to compete for the position,” she noted, citing a letter she plans to send to the trade body’s main decision-making body.

For my second term, “I intend to focus on delivering,” she added, mentioning that among her priorities is addressing “unfinished business”, declared.

Recall that Okonjo-Iweala took office in March 2021 as the first female and African head of the 30-year-old trade body. Her current term expires on 31 August 2025.