GENEVA — On Friday, member nations of the World Trade Organization (WTO) reached a consensus to extend the tenure of Director-General Ngozi Okonjo-Iweala for an additional four years.
This decision comes at a time when the organization’s direction and stability appear uncertain, particularly with the recent election of Donald Trump as President of the United States, a nation that holds significant economic influence globally.
During his previous time in office, the Trump administration frequently sidestepped WTO regulations by implementing tariffs on various imports, including steel, from both China and allied nations.
Following his inauguration in January, Trump has indicated intentions to further apply tariffs on foreign goods, raising concerns about the future of international trade relations.
Okonjo-Iweala, who made history as the first woman and the first African to lead the WTO, began her role in 2021.
Her new term is set to commence officially in September of next year, allowing her to continue her work in guiding the organization through a tumultuous global trade environment.