MRS. NGOZI OKONJO-IWEALA, WTO AND THE US SETBACK 

About World Trade Organisation  (WTO)

The World Trade Organization is an intergovernmental organization that is concerned with the regulation of international trade between nations. It's main function is to reduce tariffs and other trade barriers, ensuring trade flows 

WTO was founded on January 1, 1995 and currently has 164 member states it's headquarters is at Geneva, Switzerland.

The World Trade Organization's decisions are made by a consensus of its 164 member states, this means a single country -- especially the world’s largest economy -- is able to create a stalemate to pressure others. 

About Ngozi Okonjo Iweala 

Mrs Ngozi Okonjo-Iweala is a Nigerian by birth, married to Dr. Ikemba Iweala, she is an economist and international development expert, having spent her 25 years career at World Bank as a Development Economist, successfully reaching the rank of number 2 Managing Director, Operations.

Mrs Ngozi Okonjo-Iweala is currently close to becoming the first African woman to head the World Trade Organization, however her current setback came as the United States of America chose a Korean candidate over her.

The USA and Mrs Ngozi Okonjo-Iweala's Setback at WTO 

The United States is currently cheering support for a Korean candidate, having refused to agree on a consensus, making Okonjo-Iweala WTO's director. This is  coming after 104 of 164 member states of the WTO has shown their support for Nigeria's Ngozi Okonjo-Iweala.

However, as well wishers keep congratulating Ngozi Okonjo-Iweala, while some are still on suspense, the world has less than 10 days to know the final Victor. The Geneva-based institution will keep working to reach a consensus ahead of meeting of the General Council tentatively set for Nov. 9.