Investing.com - Financial Markets Worldwide
Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Kenyan sports minister Mohamed to bid for top WTO job

Published 08/07/2020, 08:52
Updated 08/07/2020, 08:54

NAIROBI/GENEVA, July 8 (Reuters) - Kenya's sports and
culture minister Amina Mohamed will run to be the next
Director-General of the World Trade Organization (WTO), a
spokesperson said on Wednesday and a WTO official confirmed.
"For Amina Mohamed, yes we can confirm that we received her
nomination from Kenya late yesterday," a WTO official said.
The Geneva-based body is seeking a replacement for Brazil's
Roberto Azevedo who is stepping down a year early at the end of
August at a critical juncture for the trade watchdog.
His successor will need to steer reforms and negotiations in
the face of rising protectionism, a deep recession caused by the
COVID-19 pandemic and growing trade tensions, notably between
the United States and China.
Mohamed, a former Kenyan ambassador to the WTO and the first
woman to chair the WTO's General Council in 2005, is the sixth
candidate to be officially nominated, alongside others from
Egypt, Nigeria, South Korea, Mexico and Moldova.
Three of them are women. Nominations close later on
Wednesday.
There is broad support for an African candidate and a woman,
since neither have headed the Geneva-based body in the past,
sources following the process said.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.