Commodities and Futures News

Exclusive-WTO chief Okonjo-Iweala tells Reuters she will seek second term

2024.09.16 10:28

GENEVA (Reuters) – WTO Director-General Ngozi Okonjo-Iweala told Reuters on Monday that she will seek another four-year term as head of the World Trade Organization following a broad Africa-led push to start the process early.

© Reuters. FILE PHOTO: Director-General of the World Trade Organization Ngozi Okonjo-Iweala speaks during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. REUTERS/Denis Balibouse/File Photo

“I would like to be part of this chapter of the WTO story and I stand ready to compete for the position,” Okonjo-Iweala told Reuters, citing a letter she plans to send to the trade body’s main decision-making body on Monday.

“For my second term, I intend to focus on delivering,” she added, saying among the priorities were addressing “unfinished business” including a deal on ending fisheries subsidies and reaching a breakthrough in global agriculture negotiations.



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