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EU Throws Its Weight Behind Nigerian, Korean WTO-Head Contenders

  • Bloc to support two female candidates for next WTO shortlist
  • Global trade arbiter plans to choose its new leader by Nov. 7
Ngozi Okonjo-Iweala
Ngozi Okonjo-IwealaPhotographer: Michael Nagle/Bloomberg

European Union governments will support the Nigerian and South Korean candidates to lead the World Trade Organization as the race enters its final month.

EU member-country envoys agreed on Monday in Brussels to endorse Ngozi Okonjo-Iweala, Nigeria’s former finance minister, and Yoo Myung-hee, South Korea’s trade chief, in their bids to become WTO director-general, according to an official familiar with the matter.