-by our correspondent.
The Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) has applauded the confirmation of Dr Ngozi Okonjo-Iweala as the Director General of the World Trade Organisation (WTO).
In a statement, the National President of NACCIMA, Saratu Iya-Aliyu said the action by the WTO Council is a reaffirmation of the confidence of the global community in the capacity of Dr Okonjo-Iweala to deliver as the DG Of the WTO. “Coming at a time of much needed reforms, this is a right step in the right direction as Trade has been identified as one of the key and strategic options for growth and development and in the efforts to revamp the global economy and economies of developing countries in particular.”
Director-General of WTO, Dr. Ngozi Okonjo-Iweala
“As a tested development economist and well respected figure in the international Finance and development circuit, who made impact in organisations such as the World Bank, we have confidence in the experience and ability of Dr Okonjo-Iweala to achieve the much needed reform at the WTO at this period in the history of the Organisation.” The NACCIMA boss added.
In her words, “we see Trade and Commerce as useful tools in the efforts to revamp the global and national economies which have been greatly affected by COVID-19 Pandemic. This is even more so for developing countries which have been calling for a level playing field in the field of International trade and access for their products to markets in the developed world. We are convinced that under the new regime to be headed by Dr Okonjo-Iweala, the call for a level playing field and support by WTO for developing countries, especially Africa to benefit from global Trade will come to fruition.”
President of NACCIMA, Saratu Iya-Aliyu
It will be recalled that Iya-Aliyu has clamoring for the global trading system to ensure that trade can also be a driver of inclusive economic growth for youth, women and other vulnerable segments of the world population especially in Africa that has been repositioned to increase internal trade through a landmark Agreement, the AfCFTA. “As the new DG at the helms of affairs at WTO commences work, we are sure she will seize this opportunity to achieve these goals.” She said.