WTO

South Korea has cleared the coast for Nigeria's former Finance Minister, Dr. Ngozi Okonjo-Iweala, to become the first female Director General of the World Trade Organisation (WTO). The Asian country is set to announce the withdrawal of…

The World Trade Organization (WTO) has postponed a special meeting of the General Council scheduled for November 9, to consider the appointment of the next director-general for the global trade body. The WTO, in a statement signed by the…

The Federal Government of Nigeria is currently reaching out to all members of the World Trade Organisation (WTO) in its bid to ensure Dr Ngozi Okonjo-Iweala becomes the next Director-General of the global trade body. The Minister of…

The value of global trade is set to fall by 7% to 9% in 2020 from the previous year, despite signs of a fragile rebound led by China in the third quarter, a United Nations report said on Wednesday. No region was spared by an estimated 19%…

President Muhammadu Buhari has pledged to rally global support for Nigeria's former Minister of Finance and candidate for the Director-General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala. The President stated this while…

Former Minister of Finance and Managing Director of World Bank, Dr. Ngozi Okonjo-Iweala, has urged Nigerians to keep praying for her until the final announcement of the new Director General of the World Trade Organisation (WTO).…

Global trade, devastated by the coronavirus crisis, will shrink by less than expected this year but the rebound will also be much weaker than previously forecast, the WTO said Tuesday. Revising its prior “optimistic scenario” forecast of…

President Donald Trump on Monday said the United States was not a fully developed country. Trump stated this at a news conference outside the White House that coincided with the U.S. Labour Day celebration. According to him, the World…

European planemaker Airbus on Friday made what it described as a final step aimed at halting a transatlantic trade war over billions of dollars of aircraft subsidies. Airbus said it had agreed to pay higher interest rates on government…

The African Union has denied endorsing any candidate for the office of the Director-General of the World Trade Organisation (WTO). Egypt’s candidate for the office Abdel-Hamid Mamdouh had earlier told members of the WTO that he…