South Korean candidate for Director General, World Trade Organization, Yoo Myung-hee has withdrawn from the race leaving Nigeria’s Mrs. Ngozi Okonjo-Iweala as the only contender for the position.
The Republic of Korea Ministry of Trade, Industry and Energy tweeted: “Korea’s Trade Minister Yoo Myung-hee announced on February 5, 2021 that she would withdraw her candidacy for the next World Trade Organization (WTO) Director-General. Korea will continue to work with responsibility for the restoration of the multilateral trading system.”
Stallion Times reports that Mrs. Ngozi Okonjo-Iweala on October 28, 2020 secured the popular vote by a wide margin but was not named DG because the former US President, Donald Trump opposed her candidacy.
Following Myung-hee’s withdrawal, Mrs Ngozi Okonjo-Iweala may be named for the job.