All obstacles are cleared for Dr Ngozi Okonjo-Iweala to emerge as the next Director-General of the World Trade Organisation as her only opponent, South Korean Yoo Myung-hee is set to withdraw from the race.
According to Washington Trade Daily, South Korea has decided to withdraw its candidate from the WTO top job. Myung-hee is South Korea’s trade minister.
Washington Trade Daily quoted sources as saying South Korea has notified the US of its decision and is expected to make it public “in the coming days.”
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