WTO chief Okonjo-Iweala reinstated for second term as trade wars loom ...Middle East

GENEVA: World Trade Organisation chief Ngozi Okonjo-Iweala was reappointed for a second term at a special meeting on Friday, the trade watchdog said in a statement, meaning her second term will coincide with U.S. President-elect Donald Trump's.Trade sources expect the road ahead for the 30-year-old organisation to be challenging and most likely characterised by trade wars, with Trump threatening hefty tariffs on goods from Mexico, Canada and China.Okonjo-Iweala, a former Nigerian finance minister who made history in 2021 by becoming the body's first female and first African director-general, has broad backing among WTO members. ALSO READ: Nigeria’s Okonjo-Iweala is first woman, African to he

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WTO chief Okonjo-Iweala reinstated for second term as trade wars loom ...Middle East

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