The stage is by all accounts set for Dr Ngozi Okonjo-Iweala to arise as the following Director-General of the World Trade Organization...
(WTO) as her only adversary, South Korean Yoo Myung-hee is set to pull out from the race.
As per a report by Washington Trade Daily, South Korea has chosen to pull out its competitor, Yoo Myung-hee, from the WTO top occupation in the coming days to empower the WTO's General Council select Okonjo-Iweala.
The Washington-based news medium further expressed that South Korea had just told the US of its choice and is required to disclose it "in the coming days."
The report additionally expressed: "Washington refused to accept the recommendation made by the selection panel chaired by General Council Chair Ambassador David Walker that Mrs Okonjo-Iweala is the candidate most likely of the two to attract consensus because she clearly carried the largest support by members in the final round and clearly enjoyed broad support from members from all levels of development and from all geographic regions and has done so throughout the process.
"Yoo from Korea failed to receive enough support from members of all levels of development that is developed, developing and least developing countries, as well as geographically in comparison to the 'largest' support received by Mrs Okonjo-Iweala."
Review that Okonjo-Iweala had made sure about the mainstream vote by a wide edge on October 28 however was not named DG on the grounds that the US contradicted her nomination.
After the October 28 gathering, WTO likewise said Okonjo-Iweala had the most obvious opportunity with regards to getting an agreement.
A November 8 general chamber meeting booked to consider the arrangement of the following DG was deferred. Another overall chamber meeting has been booked for December 17 to conclude the cycle.
