The World Trade Organization (WTO) Is An Intergovernmental Organization That Is Concerned With The Regulation Of International Trade Between Nations.
The organization deals with regulation off trade in goods, Services And Intellectual Property Between Member Countries By Providing A Framework For Negotiating Trade Agreements And A Dispute Resolution Process Aimed At Enforcing Participants’ Adherence To Wto Agreements,
The World Trade Organization (Wto) On Monday Appointed Nigeria’s former Finance Minister Ngozi Okonjo-Iweala As The New Director-General. Iweals Now Becomes The First Woman And Also first African To Lead The Switzerland-Based Institution.
66 Years Old Okonjo-Iweala Has A 25-Year Career Behind Her As A Development Economist At The World Bank.
Many Nigerians Have Described Her As A Qualified Candidate For That Position And Have Given Credit To Her Based On Her Wealth Of Experience And The Role She Played In managing Nigeria’s Economy and development During Her Services As The Finance And Foreign Minister, Therefore Expressing Their Confidence In Her Ability to lead the organization
The Impact Of This Appointment in Nigeria’s International Trade Relationship With Other Nations Including Europe, America And Asia Cannot Be Over-Emphasized.
Some Nigerians Said That Nigeria And Other Developing Nations Should Expect An Upturn, A Healthy And Unrestricted Trade Relationship With Other Nations.
Ngozi Okonjo-Iweala Being The New Director-Genera, Have Stirred Several Expectations From Nigerian And Africa.
What Should Nigerians And Other Developing Countried Expect from Okonjo Iweala’s leadership of the trade organization?
She Rose To The No. 2 Position Of That Organization, Where She Helped To Oversee $81 Billion In Development Financing For Africa, South Asia, Europe And Central Asia.
Expectations From Her, Are Numerous As Nigeria And other Developing Nations look forward to a new chapter of impactful leadership That Would Pave the Way For a Healthy and fair Trade Relationship among member nation’s.