• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Tuesday, July 1, 2025
Emerald News Nigeria
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
Emerald News Nigeria
No Result
View All Result

JUST IN: Okonjo Iweala releases her top priorities as she resumes as WTO DG March 1, 2021 (read what she said about Africa)

by Emerald Nigeria
February 17, 2021
in Economy
ShareTweetShareShare

Dr. Ngozi Okonjo Iweala, Director General designate of the World Trade Organisation (WTO), has said that she will be pursuing three major programmes as she resumes as the new director general of the WTO on March 1, 2021. Her tenure is to last from March 1, 2021 to August 2025, according to a statement from the world trade regulatory body.

In a virtual press conference on Tuesday, Dr. Iweala told the world media who gathered virtually that upon her resumption, she will ensure the WTO works with the World Health Organisation (WHO) to accelerate the production and supply of COVID-19 vaccines to poor countries around the world. She noted that the WTO will fashion out ways to solve the problem of the pandemic.

She said it is important that member countries come out of the pandemic to create way for free flow of medicals, goods and services so as to deal with public health emergency, saying the economic revival of the globe without trade will be impossible. She added that “whatever we do at WTO must benefit all members both small, medium and great.”

She said the WTO will consider the export restrictions and prohibitions from the 164 member countries. She told journalists that as at present, there are 100 countries that still have various export restrictions and prohibitions. She will look at ways of lifting the restrictions to pave way for free trade among member countries.

Also Read:

SO SAD!! WTO DG, Okonjo-Iweala weeps, and here’s why

Nigerian governor gives appointment to Okonjo Iweala, Sanusi, Arumah Oteh, others

Senator Oshiomhole attacks Tinubu’s minister who budgeted N1billion for trip to Geneva, warns her to remain in her office

What Okonjo Iweala discussed with Tinubu inside presidential villa

Dr. Okonjo Iweala said upon resumption she would find ways in which vaccines could be manufactured in many more countries while not discouraging research and innovations which are linked to intellectual properties.

She said she would work on the dispute settlement system which, according to her, is the jewel of the World Trade Organisation. In this regard, she said there is no need agreeing on more rules when the existing rules have not been strengthened for effective and acceptable dispute resolution among member countries.

She said this will be her priority while working on reforms and allowing member countries to come up with dispute settlement modalities. She also said the rules will be modernized and bring them up to the 21st century issues. She added: “We have to look at the digital economy which has become so prominent during the COVID-19 pandemic.” She also said e-commerce will grow in leaps and bound as she progresses in office.

She said as at present the World Trade Organisation does not have rules that underpin e-commerce, hence those rules will be put in place and the negotiations will be completed. She is insisting that the marginalized group, which includes women and the micro and medium enterprises will be incorporated.

Dr. Okonjo, who commended the 164 member countries for finding her fit for the job, especially President Joe Biden of the United States who lifted the logjam by the defeated Donald Trump, said though WTO is facing challenges, she will work to ensure deep and wide changing reforms which will renew trust of members in the organization and among each other.

She said the issue of lack of trust among member countries will also be in the front burner, an issue which she said has built up over the years, not just with the United States and China or the US and the European Union but among developed and developing nations. She said the trust needed to be built if the needed reforms are to achieve their goals.

On her support for Africa, Okonjo Iweala said she is not only DG for African members but for all the 164 member nations but added that Africa is in unique junction which is implementing the freest trade agreement in the world. She said the rules of the WTO have been the inspiration for the design of the African trade agreement. Hence, she said the WTO has already lent its institution to help Africa.

However, she said technical assistance to help break logjam will be given. She added that WTO is pushing to get investment in the African continent but noted that the African leaders should play their part to make conditions hospitable for investment in the continent.

She said being the first black and first woman heading the organization, she needed to get results and perform, adding that if she must make women and Africa proud she must get results.

Tags: GenevaNgozi Okonjo IwealaWorld trade Organisation
ShareTweetShareSend
Previous Post

New wife escapes thru the fence as Yahoo husband reportedly uses her pant for rituals on wedding night

Next Post

E don red! Delta govt orders immediate closure of all lesson centres across 25 LGAs (see reasons)

Related Posts

Nigeria’s Crude Oil Output Surges Past 1.7 Million Barrels Per Day, Thanks to Tantita Security Operations

Nigeria’s Crude Oil Output Surges Past 1.7 Million Barrels Per Day, Thanks to Tantita Security Operations

June 29, 2025
Senator Nwoko to establish ICT centre in Issele-Mkpitime as Obi applauds his commitment to community development

Senator Nwoko to establish ICT centre in Issele-Mkpitime as Obi applauds his commitment to community development

June 8, 2025
AirPeace Passenger Recounts Ordeal as Abuja-Asaba Flight Faces Multiple Delays, On-Ground Incident

AirPeace Passenger Recounts Ordeal as Abuja-Asaba Flight Faces Multiple Delays, On-Ground Incident

June 7, 2025
JUST IN: No past governor will go without full investigation – EFCC

Delta Host Communities Demand EFCC Probe of N1.3 Trillion 13% Oil Derivation Funds

June 5, 2025
Federal Government Distributes 3,500 Life Jackets in Delta State to Boost Waterway Safety

Federal Government Distributes 3,500 Life Jackets in Delta State to Boost Waterway Safety

June 2, 2025
Join Vickyheldan’s Interior Design Masterclass and transform your creative business

Join Vickyheldan’s Interior Design Masterclass and transform your creative business

May 29, 2025
Next Post
See beautiful photos of JSS 3 students who resumed school today in Delta

E don red! Delta govt orders immediate closure of all lesson centres across 25 LGAs (see reasons)

Trending

  • (Watch Video): Leaked S3x tape of another Nigerian celebrity is shared online, victim reacts as her video goes viral

    (Watch Video): Leaked S3x tape of another Nigerian celebrity is shared online, victim reacts as her video goes viral

    0 shares
    Share 0 Tweet 0
  • You misrepresented facts in your press interview – APC chieftain replies Festus Okubor

    0 shares
    Share 0 Tweet 0
  • Bridging the Digital Divide: First Lady, NDDC, RHI Champion Tech Access for Delta Students

    0 shares
    Share 0 Tweet 0
  • Waziri Adamawa Title: Mayor Akpodoro expresses concern, worries over Atiku’s indigeneship

    0 shares
    Share 0 Tweet 0
  • We Will Celebrate His Life, Mourn His Death – Mayor of Urhoboland Commiserates with Dantata Family

    0 shares
    Share 0 Tweet 0
  • Delta First Lady Extends Food Outreach to 400 Households Under Renewed Hope Initiative

    0 shares
    Share 0 Tweet 0
  • Supreme Court Dismisses Second Attempt At Appeal By Dieyi Family In Ogwashi-Uku Royal Dispute

    0 shares
    Share 0 Tweet 0
  • Injustices done to Africa must be restituted by colonial masters – Ned Nwoko says

    0 shares
    Share 0 Tweet 0
  • A Senator Who Shows Up: Ned Nwoko’s Groundbreaking Constituency Leadership

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Crude Oil Output Surges Past 1.7 Million Barrels Per Day, Thanks to Tantita Security Operations

    0 shares
    Share 0 Tweet 0

Latest Stories

Senator Ned Nwoko Champions New Era for Nollywood at AGN Secretariat Launch

June 30, 2025

You’ve been a pillar of support to our people – Senator Nwoko celebrates Dein of Agbor at 48

June 30, 2025

Anambra Poised to Become West Africa’s Tech Hub — Governor Soludo

June 29, 2025

Nigeria’s Crude Oil Output Surges Past 1.7 Million Barrels Per Day, Thanks to Tantita Security Operations

June 29, 2025

Resignation: Respect Ganduje’s decision, it was made in good faith – Akpodoro tells critics

June 29, 2025

We Will Celebrate His Life, Mourn His Death – Mayor of Urhoboland Commiserates with Dantata Family

June 29, 2025

You misrepresented facts in your press interview – APC chieftain replies Festus Okubor

June 28, 2025

Injustices done to Africa must be restituted by colonial masters – Ned Nwoko says

June 28, 2025

A Senator Who Shows Up: Ned Nwoko’s Groundbreaking Constituency Leadership

June 27, 2025

Bridging the Digital Divide: First Lady, NDDC, RHI Champion Tech Access for Delta Students

June 27, 2025
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

© 2024 Emerald News Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Emerald News Nigeria
  • Inside Delta
    • Niger Delta
  • Politics
  • Economy
  • Crime
  • Education
  • Health
  • Entertainment
  • Relationship
  • Special Report

© 2024 Emerald News Nigeria.