Emmanuel Ochayi
WTO Members Unanimously Back Okonjo-Iweala
Ngozi Okonjo-Iweala has been reappointed as the Director-General of the World Trade Organisation (WTO) for a second four-year term. The WTO General Council made the announcement on Friday, confirming her tenure will begin on September 1, 2025.
Expressing her gratitude, Okonjo-Iweala said, “I am deeply honoured by the trust and support of the WTO General Council and its 166 Members. It is a privilege to continue serving as Director-General for a second four-year term.”
Join our WhatsApp ChannelHer historic appointment in 2021 marked the first time a woman and an African led the global trade body.
Okonjo-Iweala Highlights WTO’s Role in Global Challenges
Reflecting on her achievements during her first term, Okonjo-Iweala emphasised the WTO’s impact in navigating global crises.
“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions,” she remarked.
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The former Nigerian finance minister commended the resilience of WTO member states despite turbulent times. She stated, “I commend members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts.”
A Vision for Inclusive Global Trade
Okonjo-Iweala reaffirmed her commitment to advancing trade as a cornerstone for global economic recovery and development. She said:
“As we look ahead, I remain firmly committed to delivering results that matter — results that ultimately improve the lives of people around the world. By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges.”
She further pledged to focus on equity and inclusivity, stating: “I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all.”
Okonjo-Iweala’s Legacy at the WTO
Under her leadership, the WTO has faced challenges such as disruptions in global supply chains, the COVID-19 pandemic, and rising geopolitical tensions. Her efforts have been lauded for steering the organisation through these difficult times while ensuring progress in trade negotiations.
Okonjo-Iweala’s reappointment underscores the confidence WTO members have in her leadership and her ability to deliver results. Her vision for a robust and inclusive multilateral trading system remains central to the organisation’s mission.
Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.
