Former Nigerian finance minister, Ngozi Okonjo-Iweala has become the sole candidate in the World Trade Organisation’s top job’srace, as South Korean trade minister Yoo Myung-hee withdrew from the race.
Myung-hee announced on Friday that she would withdraw her candidacy for the next WTO director-general, Bloomberg reported.
The report said Myung-hee took various issues into account before arriving at the decision to withdraw from the race.
The withdrawal comes after dozens of former US government officials urged President Joe Biden to endorse Okonjo-Iweala after the Trump administration blocked her selection.
The opposition halted the selection process because WTO decisions are made on the basis of a consensus of its members.
