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IT WON’T BE BUSINESS AS USUAL – NGOZI OKONJO-IWEALA

Ngozi Okonjo-Iweala, the first female, first African World Trade Organisation’s (WTO) Director General began work on Monday, resumed a six month leadership of the WTO, vowing to unblock negotiations on rules to stop overfishing.

After a long campaign that was derailed in the latter stages by a Trump administration veto, the Nigerian was confirmed as boss last month, pledging to “forget business as usual” at the body which is struggling to strike new deals and whose arbitration functions are paralysed.

“It feels great. I am coming into one of the most important institutions in the world and we have a lot of work to do. I feel ready to go,” she said as she arrives WTO Headquarters in Geneva.

Her first day in office coincides with a meeting of its top decision-making body, the General Council. Its 164 member states will discuss topics such as trade rules on COVID-19 vaccine distribution which she has identified as a priority.

Also on the agenda is the date and venue for its major ministerial conference which was due to be held in Kazakhstan last year but was delayed by the covid 19 pandemic.

Ngozi Okonjo-Iweala said she was hopeful of clinching a deal on cutting fisheries subsidies this year after 20 years of talks.

“Things are not easy when members are negotiating and there are still a lot of critical issues that need to be sorted out. But we are hopeful,” she said.

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