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 commence on September 1, 2025, extending her historic tenure as the first woman and the first African to lead the global trade body.
A Transparent Process
The reappointment process began on October 8, 2024, under the supervision of Ambassador Petter Ølberg of Norway, Chair of the WTO General Council. With no other nominations submitted by the November 8 deadline, Dr. Okonjo-Iweala was the sole candidate. Her reappointment, finalized during a special General Council meeting on November 28-29, 2024, followed an engaging presentation of her vision for the future of the WTO and a Q&A session with member nations.
Ambassador Ølberg commended Dr. Okonjo-Iweala’s accomplishments, stating, “Her leadership during turbulent times has been pivotal in strengthening the WTO’s capacity and relevance. Under her stewardship, significant outcomes were achieved, including milestones at the 12th and 13th Ministerial Conferences.” He also emphasized her commitment to ensuring that the WTO remains inclusive, responsive, and focused on advancing a fair global trading system.
Notable Achievements
Since assuming office on March 1, 2021, Dr. Okonjo-Iweala has worked to restore trust in the WTO and reinforce its role in navigating the complexities of international trade. Her leadership has brought about agreements addressing global challenges, such as pandemic recovery, food security, and sustainability.
Her first term was marked by notable successes, including:
- MC12 and MC13 Agreements: Dr. Okonjo-Iweala spearheaded efforts to achieve agreements on issues such as fisheries subsidies and e-commerce, reaffirming the WTO’s capacity to deliver results.
- Institutional Reforms: She pushed for enhanced transparency and efficiency within the organization, ensuring it remains equipped to address modern trade challenges.
The Road Ahead
As the global economy faces shifting dynamics, Dr. Okonjo-Iweala’s second term will be critical in ensuring the WTO remains a pillar of multilateralism. Her agenda includes strengthening dispute resolution mechanisms, supporting inclusive trade practices, and addressing emerging issues like digital trade and climate adaptation.
Expressing gratitude for the support, Dr. Okonjo-Iweala said, “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 work to shape a fair, rules-based trading system that benefits everyone.”
Her reappointment underscores global confidence in her ability to navigate challenges and shape the future of international trade. It also reaffirms the WTO’s commitment to addressing the complexities of a rapidly evolving global economy under her leadership.
