Monday, November 2, 2020

WTO: More Boost for Dr Okonjo-Iweala from Powerful Forces Despite US Opposition


Nigerian nominee for the World Trade Organization (WTO) top job, Dr Ngozi Okonjo-Iweala has received major boost ahead of the November 9 voting despite US stiff opposition against her nomination.


Recall that the US opposed her and backed her opponent, South Korea nominee, Yoo Myung-hee for the top job. Interestingly, indication emerge that Okonjo-Iweala is still favoured to win as powerful forces have determined to backed her to win the post in defiance of US position on the issue. These powerful forces include top European countries who are ready to defy US pressure to vote for Okonjo Iweala.

 


Another strong forces backing Okonjo-Iweala are WTO Ambassadors who believe in her ability and competence to head the institution. The WTO Ambassadors also have a great role to play in the selection process as their support for a candidate they believe in can help favour the candidate to win the post. More so, the WTO Ambassadors can help to convince their various countries to vote for the candidate they are backing.

Another advantage Okonjo-Iweala has is that she has the full backing of another powerful super power, China. China can stand tall and boldly against the US to ensure that she wins the post. China has many loyal allies just like the US. China also enjoys all the privileges that US enjoys.


China is a major rival to the US and can do all within its powers to prove US wrong by backing Okonjo-Iweala to win the top job against the wish of the US. China is the major Asian giant that many other countries in the continent look up to. Undoubtedly, China will help her secure more votes from other Asian countries to ensure that she wins despite the opposition against her by the US.


Additionally, Okonjo-Iweala has the full backing of her home country Nigeria which nominated her in the first place. She also has the full backing of African countries which is her own continent which means that the coast is clear for her on her home front.


The US would hopes to pressurize more countries including its allies to vote for Myung-hee to ensure that Okonjo-Iweala does not win. Donald Trump's country may use different methods to pressurize these countries including telling them the gains they would benefit from the US if they vote for Myung-hee as instructed and the sanctions as well as other losses they would suffer if they fail to do so. Some poorer countries that depend on the US very well may dance to its tune while some may not and they will be ready to face the consequences. Stronger countries like the powerful China and other European countries that are backing Okonjo-Iweala do not have much to lose and they are most likely to still vote for her to win.  

What is your view about this article? Leave your comment or observation in the comment section. Do you have story to share with or you want to advertise your products, businesses or services? You can reach us on WhatsApp +2349097679797



No comments:

Post a Comment