Good news keeps coming on the US return to multilateralism: The selection of Ngozi Okonjo-Iweala to be the next Director-General of the World Trade Organization has finally been cleared for official approval by the WTO General Council (which is now scheduled for 15 February 2021). Just a week ago, two different but coordinated announcements were issued. One came from the Korean government announcing the withdrawal of their candidate, Yoo Myung-hee; the other came from the Biden administration announcing that the US would join the rest of the consensus of the WTO members in support of the Nigerian candidate, Ngozi Okonjo-Iweala. This was a truly diplomatic way to clear the way for the one without embarrassing the other.
I am personally pleased to congratulate Ms. Okonjo-Iweala on her impending success, and I congratulate Ms. Yoo Myung-hee and the other candidates for the gracious manner in which they welcomed the outcome. What a contrast to the domestic scene in the US! Above and beyond this contrast, however, I would like to focus this note more broadly on what Ms. Okonjo-Iweala’s leadership means for the WTO – and for the changing world of multilateralism. Continue reading “Great News for the WTO – and for the Multilateralism of Today”