Key Developments
WTO Reappoints Nigeria's Dr. Ngozi Okonjo-Iweala for Second Term as Director-General
The World Trade Organization (WTO) General Council has unanimously reappointed Dr. Ngozi Okonjo-Iweala for a second four-year term as Director-General.
Her new term will begin on September 1, 2025, extending her groundbreaking leadership as the first woman and first African to head the global trade body.
The reappointment process commenced on October 8, 2024, under the guidance of Ambassador Petter Ølberg of Norway, Chair of the WTO General Council.
With no additional nominations submitted by the November 8 deadline, Dr. Okonjo-Iweala stood unopposed.
Her candidacy was finalized during a special session of the General Council on November 28-29, 2024, following a presentation of her vision for the organization and a subsequent Q&A with member nations.
Ambassador Ølberg praised Dr. Okonjo-Iweala’s achievements, highlighting her leadership through challenging periods.
“Her guidance has been instrumental in strengthening the WTO’s capacity and relevance,” he remarked.
Ølberg also acknowledged her commitment to fostering inclusivity and advancing a fair global trading system.
Since assuming office on March 1, 2021, Dr. Okonjo-Iweala has made significant strides in rebuilding trust in the WTO and enhancing its role in addressing complex global trade issues.
Her agenda includes strengthening dispute resolution mechanisms, promoting inclusive trade practices, and addressing emerging challenges like digital trade and climate adaptation.
Expressing her gratitude for the continued support, Dr. Okonjo-Iweala stated:
“The WTO has a vital role in fostering economic resilience, and I am committed to driving reforms that reflect the needs of all members. Together, we will shape a fair, rules-based trading system that benefits everyone.”
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