World Trade Organization
US backs Nigeria's Ngozi Okonjo-Iweala to lead WTO
President Joe Biden's administration on Friday offered its "strong support" to Nigeria's Ngozi Okonjo-Iweala to lead the World Trade Organization (WTO). The move marks another sharp split with former president Donald Trump who paralyzed the organization and opposed the former Nigerian finance minister who was backed by many other countries. The US Trade Representative in…
'I feel the wind behind my back': Nigerian WTO candidate
Nigeria's Ngozi Okonjo-Iweala voiced confidence Friday in her quest to lead the crisis-wracked World Trade Organization after all of Africa backed her candidacy, vowing she would champion reform.
Trump threatens not to recognize China's special status at WTO
President Donald Trump on Friday threatened to withdraw recognition of the special "developing nation" status of China and other relatively rich countries at the World Trade Organization....
Coding holds key to unlocking Africa’s $300b Internet revenue
With research showing that if governments harness the full economic potential of the Internet, Africa could add $300 billion to its Gross Domestic Product (GDP) by 2025, the President of the African Development Bank (AfDB), Akinwunmi Adesina, and other experts have charged Africans to embrace technology. According to them, with 70 per cent of all…
US issues trade challenge at fraught G20
The United States on Saturday challenged long-standing global principles surrounding free trade, refusing to renew past anti-protectionist pledges and threatening to reopen negotiations on World Trade Organization deals.
WTO chief says no 'indication' US will quit body under Trump
The head of the World Trade Organization said Thursday he had received no indication the United States would move to leave the WTO under Donald Trump's administration.