In a groundbreaking decision, WTO members have unanimously voted to reappoint Ngozi Okonjo-Iweala as the Director-General for a second four-year term, commencing September 1, 2025. This special meeting on Friday marked a pivotal moment for the World Trade Organization as it continues to navigate the complexities of global trade in a rapidly changing world.
Okonjo-Iweala, who first assumed office on March 1, 2021, made history by becoming the first woman and the first African to lead the WTO. Her leadership has been instrumental in addressing key issues such as global supply chain disruptions, trade tensions, and the push for more inclusive and sustainable trade practices.
\"WTO members today agreed to give incumbent Ngozi Okonjo-Iweala a second term as Director-General of the WTO,\" the World Trade Organization announced in its official statement. Her reappointment underscores the confidence members have in her vision and ability to steer the organization towards greater effectiveness and relevance in today's global economy.
During her tenure, Okonjo-Iweala has championed initiatives aimed at reducing trade barriers, fostering economic cooperation among G20 nations, and promoting equitable growth. As she prepares to lead the WTO into its next chapter, stakeholders around the world are optimistic about the continued progress and innovation under her guidance.
Reference(s):
cgtn.com
