Friday, July 17, 2020

Here is What Iweala said About U.S to Remain part of WTO

Nigeria’s former minister of finance, Dr Ngozi Okonjo-Iweala, makes a strong case for Africa at a World Trade Organization (WTO) conference held yesterday at Geneva.

The session consisted of a presentation to the General Council encompassing the 164 members of the WTO and was followed by a 30-minute press conference.

However, the conference was held as part of the selection process towards the appointment of the next Director General of the global organization.

Okonjo-Iweala, who is running for the office of the Director-General, of the WTO made a strong case for an African candidacy. She also pushed for a woman to occupy the DG role.

When asked what she would tell the American President with respect to getting the US to remain part of the WTO with the body having been criticized by the incumbent Donald Trump as being unfair to US interests.

To this Dr, Okonjo-Iweala affirmed, “I would say to the president that the WTO delivered for all countries, including the United States in the past.

It is because of the multilateral rules-based trading system that we have had prosperity and lifting of millions out of poverty, and it’s been shared prosperity.

we need to fix failed trading system, so that it can be more inclusive to the globe.

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