WTO: South Korea withdraws it's candidate, coast clear for Okonjo-Iweala's emergence as the Trade's boss

A report from Washington Trade Daily reveals that South Korea has decided to withdraw its candidate, Yoo Myung-hee, from the World Trade Organisation (WTO), Director-General race, has notified the US of its decision and is expected to make it public “in the coming days.”

Ngozi Okonjo-Iweala, Nigeria’s candidate in the WTO race, had secured the popular vote by a wide margin on October 28 but was not named DG because the US opposed her candidacy. The two women are the last candidates standing  and the eventual winner will set a record as being the first female WTO DG. However, there are speculations that the US might change its stance following Donald Trump’s failure to get re-elected as president.

Read more details at Vanguard

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