Skip to main content

WTO: The Republic Of South Korea Challenges Ngozi Okonjo-Iweala

The Republic of South Korea has challenged Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala in her bid to emerge as the Director-General of the World Trade Organisation, WTO.

South Korea yesterday threw a challenge to the bid of Nigeria’s economist who is seeking to replace Roberto Azvedez, who will be stepping down on 31 August 2020.

The Asian country has nominated Ms Yoo Myung-Hee, who’s the country’s first female Trade Minister to run against Okonjo-Iweala.

Myung-Hee has been a negotiator, strategist and pioneer in her 25-year career in the trade sector.

She has played in the multilateral trade arena from the early days in 1995 when she took charge of WTO affairs in the Korea Ministry of Trade, Industry and Energy, through her role as Korea’s FTA strategist.

Most recently, she served as negotiator of the Regional Comprehensive Economic Partnership (RCEP), the Korea-China FTA and the critical Korea-U.S. (KORUS) FTA renegotiations, among other trade initiatives.

Recall that President Muhammadu Buhari had approved Okonjo-Iweala’s nomination for the WTO’s top job.

The president initially nominated Nigeria’s permanent representative to WTO, Yono Frederick Agah, for the same role but later withdrew the nomination. 

The Economic Community Of West African States (ECOWAS) had nominated Ngozi Okonjo-Iweala for this position. The election will hold in Geneva, Switzerland in 2021.


You may also want to read these ⤵️

Referee kills player in a football match

A referee is facing murder charges after football players allegedly forced him to

Do not watch this while driving

Kids are lovely and fun to watch most times. I know most of you did this and so many other funny stuffs as a kid. Feel free to share yours... Do not watch this while driving

Over 40 Million Accounts Found Guilty

Microsoft has uncovered 44 million user accounts using usernames and passwords that have been leaked through security breaches.

RAW TALENT ep1 (freestyle by Gdlpeid)

Just watch! Freestyle by ''Gdlpeeid''. A rapper with a difference.  Pure raw talent.

These 10 Powerful Words And Phrases Defined The Decade

Honestly, it has been a wonderful decade to remember.  A lot has happened and a lot has been spoken also. But our focus is on the words and phrases spoken.  Below are words and phrases spoken between 2010 - 2019 that defined the decade.....

By February 2020 - WhatsApp Will Stop Working on These Phones

Every now and then, WhatsApp does fish out a list of old phones for which support is discontinued and if you have an old phone lying around as a backup, you might want to read on.

Apple Has Released iOS 13.2.2 And Fixes Major Issue

All thanks to Apple,  the tech  giant just released iOS 13.2.2, which addresses the issue of background apps being killed prematurely, along with a handful of other annoyances.

This Magnetic thread Can Be Used To Clear Blood Clot in The Brain

Link from  Researchers at MIT developed a thread that can be steered magnetically to glide through the brain's blood vessels and

This gigantic monster device turns wave energy into electricity

This 826-ton buoy was developed by OceanEnergy to turn wave energy into electricity. IEEE Spectrum reported that "OE Buoy" was towed from Oregon to Hawaii, where it will undergo a series of tests that will prove whether it can withstand the battering waves while generating electricity. Click the link below to watch the video..

Lionel Messi Barcelona exit date revealed

The Barcelona Legend has decided on when he wants to quit the club and even has a successor in his mind already.