Ngozi Okonjo-Iweala, the WTO Director-General, confirmed for a second four-year term, starting September 1, 2025.. The WTO’s General Council decision on Friday solidifies Okonjo-Iweala’s leadership during significant economic and geopolitical uncertainty. This decision shows confidence in her ability to navigate global challenges and promote trade as a driver of economic growth.
Okonjo-Iweala’s Vision for a Second Term: Impact and Inclusivity
Following her reappointment, Okonjo-Iweala expressed gratitude for the trust placed in her by the WTO’s 166 member countries. “I am deeply honoured by the trust and support of the WTO General Council and its 166 Members,” she stated. “It is a privilege to continue serving as Director-General for a second four-year term.” She emphasized her commitment to delivering tangible results that improve the lives of people worldwide. “As we look ahead, I remain firmly committed to delivering results that matter—results that ultimately improve the lives of people around the world,” Okonjo-Iweala affirmed.
This focus on impact underscores Okonjo-Iweala’s vision for the WTO’s role in addressing global challenges. She highlighted the organization’s crucial role in navigating recent crises, including the COVID-19 pandemic, ongoing conflicts, and escalating geopolitical tensions. “In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges,” she noted, commending members for their perseverance in achieving progress amidst unprecedented economic volatility.
Promoting Trade as a Catalyst for Growth and Resilience
Okonjo-Iweala reiterated the WTO’s core mission of promoting trade as a catalyst for economic growth and resilience. She envisions the WTO as a collaborative platform for member countries to address shared global challenges. “By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges,” she stated. This reinforces the importance of multilateralism and international cooperation in tackling complex global issues.
Building a More Inclusive and Equitable Trading System
Okonjo-Iweala pledged to work with WTO staff to build an inclusive, equitable, rules-based multilateral trading system benefiting all. “I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all,” she declared. This commitment addresses developing countries’ concerns and ensures a level playing field for all participants in the trading system.
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Unanimous Support for Ngozi Okonjo-Iweala: A Testament to Her Leadership
The decision to reappoint Okonjo-Iweala was unanimous, reflecting the widespread support for her leadership within the WTO. As the first woman and the first African to lead the organization, her appointment in 2021 was a historic moment. Her reappointment signals continued confidence in her ability to steer the WTO through a turbulent global landscape. According to a WTO statement, “WTO members today agreed to give incumbent Ngozi Okonjo-Iweala a second term as Director-General of the WTO.” This clear endorsement underscores her effectiveness in navigating complex negotiations and building consensus among member countries.
If You Ask Me
Significant challenges will undoubtedly mark Okonjo-Iweala’s second term. The global trading system faces increasing pressures from rising protectionism, geopolitical tensions, and the ongoing impacts of climate change. Her experience and leadership foundation help navigate complexities and advance the WTO’s mission of promoting open, rules-based trade. She will need to continue fostering dialogue and cooperation among member countries to address these challenges and ensure the WTO remains relevant and effective in the 21st century. The WTO plays a critical role in facilitating global trade, which according to the World Bank, accounted for over 60% of global GDP in 2023. Ensuring the smooth functioning of this system is crucial for global economic stability and growth.
Okonjo-Iweala’s reappointment as Director-General of the WTO marks a renewed mandate for her leadership in global trade. Her commitment to delivering results that improve lives, promoting trade as a driver of growth, and building a more inclusive and equitable trading system provides a clear vision for the organization’s future. As she embarks on her second term, the world will be watching closely as she navigates the challenges and opportunities ahead, striving to strengthen the multilateral trading system and ensure its benefits are shared by all.
