Africa's WTO moment

In the running: Okonjo-Iweala PIC: WWW.THISDAYLIVE.COM
In the running: Okonjo-Iweala PIC: WWW.THISDAYLIVE.COM

If she is chosen to head the World Trade Organisation (WTO), former Nigerian finance minister Ngozi Okonjo-Iweala, an experienced development economist, would make a broken institution relevant again. She has the gravitas to build bridges between the US and China, on the one hand, and between the WTO and Africa, on the other. KINGSLEY CHIEDU MOGHALU* writes

BOSTON: The selection of the World Trade Organisation’s next director-general has entered its final phase, with two candidates left in the running: Ngozi Okonjo-Iweala, a former Nigerian finance and economy minister and a former managing director of the World Bank, and Yoo Myung-hee, South Korea’s trade minister. In view of the WTO’s current challenges, Okonjo-Iweala is the better choice.

The WTO faces two major crises: an institutional crisis caused by the great-power rivalry between the United States and China, and a crisis of globalisation – of which the WTO, as the overseer of global trade rules, is a major symbol.

Editor's Comment
Botswana deserves ideal political leaders

This remains to be seen, particularly as opposite unity has been seeing its ups and downs. In 2012, three opposition parties namely the Botswana National Front (BNF), the Botswana Movement for Democracy (BMD), and the Botswana National Front (BNF) formed a political alliance under the Umbrella for Democratic Change (UDC). The Botswana Congress Party (BCP) would, after rebuffs, join the coalition in 2017.The promise made by the coalition to its...

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