Women lead race to head WTO amid rising protectionism, deep recession

A final decision is expected later this year, possibly after the US election in November

WTO, world heath organisation
Okonjo-Iweala has served as Nigeria's foreign minister and finance minister and as MD of the World Bank
Reuters
2 min read Last Updated : Sep 19 2020 | 1:27 AM IST
World Trade Organization (WTO) members are considering five candidates to replace Brazil's Roberto Azevedo, who stepped down as director-general on August 31, a year early. The new WTO chief will need to steer reform and negotiations in the face of rising protectionism, a deep recession caused by Covid-19, and growing trade tensions, notably between the US and China.
 
A final decision is expected later this year, possibly after the US election in November. 
 
Ngozi Okonjo-Iweala (Nigeria), 66, board chair of Gavi, a global vaccine alliance
 
Okonjo-Iweala has served as Nigeria's foreign minister and finance minister and as MD of the World Bank. Branding herself a "do-er", she points to her negotiating skills that she says helped seal a deal to cancel billions of dollars of Nigerian debt
 
Yoo Myung-hee (South Korea), 53, trade minister
 
South Korea's first woman trade minister previously led the renegotiation of a trade deal with the US and worked on Seoul's trade pacts. Yoo vows to make the WTO more "relevant, resilient and responsive" and rebuild trust in the body
 
Amina Mohamed (Kenya), 58, sport and culture minister
 
Mohamed, in 2005, was the first woman to chair the WTO's General Council. She ran for the top post unsuccessfully in 2013. She says she has gained key skills since
 
Also in the Running
 
Mohammad Al-Tuwaijri (Saudi Arabia), minister advising the royal court
 
Al-Tuwaijri, who studied aeronautics and business, was a Saudi Air Force pilot before working for a number of banks. He became minister of economy and state planning from 2017 until he was relieved of his post in March. He has also been on the board of directors at Saudi Aramco, Saudi Railways and Saudi Arabian Airlines and says his private sector experience allows him to take a "fresh look" at the WTO
 
Liam Fox (Britain), 58, member of parliament
 
A former doctor and defence minister, Fox campaigned for Britain to leave the EU and, after the Brexit vote, became secretary of state for international trade, but lost his position a year ago. Fox says WTO chief is a job for a politician “and probably one who has been around for a while and carries the scars of the most difficult battles"

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :World Trade Organization

Next Story