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JUST IN: Nigeria’s Okonjo-Iweala confirmed as WTO DG

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Nigeria’s Ngozi Okonjo-Iweala was appointed Monday to head the leading international trade body as it seeks to resolve disagreements over how it decides cases involving billions in sales and thousands of jobs.

Okonjo-Iweala was appointed as director-general of the World Trade Organization by representatives of the 164 member countries, according to a statement from the body.

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The appointment came after new U.S. President Joe Biden endorsed her candidacy, which had been blocked by former President Donald Trump.

Biden’s move was a step toward his aim of supporting more cooperative approaches to international problems after Trump’s “America first” approach that launched multiple trade disputes.

 

 

 

 

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Reuters

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