Okonjo-Iweala Reappointed For Second Term As WTO Director-General

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 Channel

Her 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.

READ ALSO: Okonjo-Iweala Mourns Former Basketball Star, Dikembe Mutombo

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.

emmmmmm
+ posts

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.

Emmanuel Ochayi

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.

Nigeria France Sign Agreement
Previous Story

Nigeria, France Sign Agreements On Critical Infrastructure Development

Zenith Bank CEO
Next Story

Zenith Bank Paris Branch Will Boost Ties Between African, European Businesses – CEO 

Featured Stories

Latest from Business News

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

Written by Amanze Chinonye India and New Zealand’s free trade agreement (FTA) will take effect on Oct. 20, giving Indian exporters duty-free access to the New Zealand market and deepening economic ties between the two countries. India’s Minister of Commerce Piyush Goyal announced
FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Zimbabwe Seeks $115 Million Afreximbank Loan to Revive State Railway

Written by Amanze Chinonye Zimbabwe’s state-owned railway operator is negotiating a $115 million financing facility with the African Export-Import Bank (Afreximbank) to acquire locomotives and wagons and rehabilitate parts of its ageing rail network, officials said. The National Railways of Zimbabwe (NRZ) is

U.S. Expands 50% Tariffs on Canadian Goods, Escalating Trade Dispute

Written by Amanze Chinonye The United States has expanded its 50% tariffs on Canadian imports to cover a broader range of consumer and industrial goods, including certain cheeses, motorboats, furniture, mattresses and selected aluminum and steel products, escalating a trade dispute between the
Nigeria France Sign Agreement
Previous Story

Nigeria, France Sign Agreements On Critical Infrastructure Development

Zenith Bank CEO
Next Story

Zenith Bank Paris Branch Will Boost Ties Between African, European Businesses – CEO 

Don't Miss

Misplaced Priority – Nigerians React As Lawmakers Order Total Shutdown of Porn Websites

The Nigerian House of Representatives has directed the Nigerian Communications
‘X’ Set To Introduce Video, Audio Calls –Elon Musk

‘X’ Set To Introduce Video, Audio Calls –Elon Musk

Elon Musk CEO of the social media platform X, has