News : South Korea Holds out Hope for WTO Director-General Role - Korea Trade Distribution (KTD) News

Korea Trade Distribution (KTD) News According to 'The Diplomat' by Jenna Gibson South Koreans are holding out hope that their nomination to be director general of the World Trade Organization, Yoo Myung-hee , will still be able to clinch the role despite a consensus building around her competitor. But with the United States backing Yoo at the final hour this week, the race to choose the organization’s next leader is far from over. Earlier this month, Yoo was chosen as one of two finalists for the WTO’s top position along with Nigeria’s Ngozi Okonjo-Iweala. With both of the finalists being women, the organization is poised to have its first female leader in its 25-year history. This summer, Director-General Roberto Azevedo stepped down from the post a year early, sparking a race among member states to put forward a contender for the trade...