Economics
Nigerian Wins EU Support for WTO Bid as U.S. Backs Korean Rival
- EU governments endorse Ngozi Okonjo-Iweala over Yoo Myung-hee
- Spotlight shifts to Geneva for final phase of race to lead WTO
Ngozi Okonjo-Iweala
Photographer: Fabrice Coffrini/AFP via Getty Images
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The European Union endorsed Nigeria’s Ngozi Okonjo-Iweala to lead the World Trade Organization, bolstering her bid as the U.S. backs the only other contender in the final phase of the race.
All 27 EU governments agreed on Monday in Brussels to support Okonjo-Iweala, a Nigerian former finance minister, over Yoo Myung-hee, South Korea’s trade chief, in the contest to become WTO director-general, according to officials familiar with the matter. The people spoke on the condition of anonymity because the deliberations were confidential.