'New WTO head should be capable of managing profound reform'


Brussels, Sep 22 (IANS): The new chief of the World Trade Organisation (WTO) should be "capable of managing profound reforms of the organization", said Valdis Dombrovskis, Executive Vice-President of the European Commission.

The trade ministers of the European Union (EU) strongly support this principle, Xinhua news agency quoted Dombrovskis as saying on Monday following an informal meeting in Berlin.

The EU will support the candidate who is able to fix the dispute settlement system, re-initiate global trade negotiations and address the current challenges in international trade, in particular sustainability and the need for a level playing field, he added.

Dombrovskis didn't give any name, but said the new director-general must enjoy the trust of WTO members and can present balanced views that reflect the diverse nature of members.

The five candidates remaining in the race for the post are Ngozi Okonjo-Iweala from Nigeria, Yoo Myung-hee from South Korea, Amina Mohamed from Kenya, Mohammad Maziad Al-Tuwaijri from Saudi Arabia, and Liam Fox from the UK.

The process for selecting a new chief was triggered on May 14, when former Director-General Roberto Azevedo informed WTO members he would step down a year his term officially ends.

The Brazilian career diplomat subsequently left office on August 31 after serving seven years at the helm of the Geneva-based organization.

  

Top Stories


LEAVE A COMMENT

Title : 'New WTO head should be capable of managing profound reform'


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image