WTO General Council reappoints Ngozi Okonjo-Iweala as Director-General

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WTO General Council reappoints Ngozi Okonjo-Iweala as Director-General 

Why in the news?

• The General Council of the World Trade Organization (WTO) agreed on 29 November by consensus to reappoint Dr. Ngozi Okonjo-Iweala as Director-General for a second four-year term, set to begin on 1 September 2025.

About Dr. Ngozi Okonjo-Iweala:

• Dr. Ngozi Okonjo-Iwealafirst assumed office as Director-General on 1 March 2021, becoming the first woman and first African to lead the WTO. 
• Her first term concludes on 31 August 2025. 
• Her reappointment highlights the strong support for her efforts to enhance the WTO’s relevance and capacity in addressing the evolving challenges of global trade.

About WTO:

• The World Trade Organization (WTO) is the only global organization that regulates trade rules between its member nations.
•  The WTO officially commenced on January 1, 1995, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. 
•  The WTO has over 160 members representing 98% of world trade. 
• The WTO's top decision-making body is the Ministerial Conference, which usually takes place every two years. 
•  The WTO's primary purpose is to open trade for the benefit of all
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