European Parliament backs Okonjo-Iweala for WTO leadership.

European Parliament backs Okonjo-Iweala for WTO leadership.

The European Parliament has endorsed Dr. Ngozi Okonjo-Iweala, Nigeria’s candidate for the position of the Director-General of the World Trade Organisation (WTO). The EU said it is convinced that the Nigerian candidate has the ‘energy’ and is ‘well-equipped’ for the job.
The Parliament in a letter on Wednesday signed by the Co-chairs of the Parliamentary Conference on the WTO Steering Group, Mr. Bernd Lange and Mr. Sven Simon, said the European Parliament was satisfied with Okonjo-Iweala’s level of requirements and skills.

The letter reads in part: ‘EP Exchanges of Views with WTO Director-General candidates,’ partly read, “On 19 October, the EP’s Steering Group of the Parliamentary Conference on the World Trade Organisation organised exchanges of views with the two remaining candidates for the role of Director-General of the WTO.
“On this occasion, both candidates gave us an extensive account of their plans for the future of the organisation and the approach they would choose in order to deal with the crises that are currently threatening the multilateral trading system.

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“Both candidates are extremely experienced, well qualified and knowledgeable, and have their own clear visions for the WTO’s future and priorities, and the Director-General’s role in shaping it, as well concerning the important role for parliamentarians in that future.
“During the discussions, we appreciated, in particular, the vision that Dr. Ngozi Okonjo-Iweala presented for tackling the substantial challenges the organisation is facing.
“Her assessment of the existing problems of the organisation revealed a deep understanding of the fault lines dividing the WTO’s membership.

“The points she set out for her first steps after being appointed to the position reveal a clear-eyed agenda, tackling head-on key topics such as special and differential treatment, industrial subsidies and dispute settlement reform while recognising the need for positive momentum through the conclusion of agreements on issues such as fisheries, e-commerce, and health.

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“We also appreciated the energy with which she is likely to approach her new role. It appears to us that her personal approach is what is needed now to resolve the key questions at the organisation.
“Dr Okonjo-Iweala appears to be well-equipped for being the fair broker who could bring key players together and help them find the compromises that will be needed to resolve the WTO’s complex set of challenges and the deep disagreements between its members.

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