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Thursday, 16 July 2020 15:18

Candidates for WTO chief urge hasty vetting of next leader amid 'deep crisis'

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Candidates to lead the World Trade Organization –WTO urged members to reach a decision quickly on Wednesday (15/7) and address what one described as a "deep crisis" as it began the vetting process. As quoted by Reuters (15/7), nominations from eight countries have been submitted, including three women, three African candidates and a former Saudi air force pilot, to replace Brazil's Roberto Azevedo, who will step down a year early at the end of August. His successor faces an unprecedented set of challenges, such as intensifying global trade tensions, rising protectionism as well as a corona-virus-induced dive in global trade. This needs to be done as quickly as possible. This was stated by a senior trade official in Mexico, Jesus Seade describing the trade watchdog as being in "deep crisis"//Reuters

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