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Three women in final five for WTO leadership race – Metro US

Three women in final five for WTO leadership race

FILE PHOTO: Ngozi Okonjo-Iweala, former finance minister of Nigeria, takes
FILE PHOTO: Ngozi Okonjo-Iweala, former finance minister of Nigeria, takes part in a panel during the Clinton Global Initiative’s annual meeting in New York

GENEVA (Reuters) – Three women, two of them from Africa, advanced to the second round of selection to become the next director-general of the World Trade Organization as the field was cut from eight to five, the Geneva-based body said on Friday.

The WTO is looking for a new director-general to replace Brazilian Roberto Azevedo, who stepped down a year earlier than expected at the end of August.

The 25-year-old trade body has never had a leader who is female or from Africa.

The five to go through to the next round are Kenyan minister Amina Mohamed, former Nigerian Finance Minister Ngozi Okonjo-Iweala, South Korean Trade Minister Yoo Myung-hee, Saudi Arabia’s Mohammad Al-Tuwaijri and British ex-minister Liam Fox.

This confirms Reuters’ reporting on Thursday that Mexico’s Jesus Seade, Egypt’s Hamid Mamdouh and Moldovan Tudor Ulianovschi were eliminated.

Azevedo’s successor will face a considerable challenge with rising global tensions and protectionism during a COVID-induced slowdown, most obviously between Beijing and President Donald Trump’s U.S. administration, and pressure to drive reform.

Round two, in which the WTO’s 164 members will give their preferences from Sept 24 to Oct 6, will whittle the candidates down to two. The WTO has said it wants to select the winner by early November.

Trade experts and former WTO officials say that the U.S. presidential election, on Nov. 3. could extend the process, even if that goes against the WTO’s prescribed deadline.

However, the WTO said the process had gone well so far and that all members had taken part.

“The objective is to have this process completed within 2 months – it began on 7 September so on or about 7 November, so we are on track for this. The process has gone smoothly,” WTO spokesman Keith Rockwell told reporters.

(Reporting by Emma Farge and Philip Blenkinsop; Editing by Raissa Kasolowsky)