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News & Insights

NFTC Welcomes Dr. Okonjo-Iweala’s Interest in Serving Second Term as WTO DG

September 17, 2024


WASHINGTON DC – National Foreign Trade Council (NFTC) Board Chair Susan Schwab and President Jake Colvin today issued a statement following the announcement that Dr. Okonjo-Iweala would be interested in serving a second term as World Trade Organization (WTO) Director General (DG):

“Dr. Okonjo-Iweala has been a steady and thoughtful leader for the World Trade Organization during a period of significant geopolitical and economic upheaval. She has overseen important initiatives to address trade facilitation and supply chain challenges during the pandemic, the continuation of the customs duty moratorium on electronic transmissions, as well as progress on fisheries subsidies, joint statement initiatives and organizational reform, which demonstrate how the organization can respond to the need for an effective rules-based trading system,” said NFTC Chair Susan Schwab.

“Under Dr. Okonjo-Iweala’s direction, we have seen evidence of the critical role the WTO can play in harnessing the power of trade to meet today’s challenges,” said NFTC President Jake Colvin. “The WTO would be well-served by her continued leadership.”

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About the NFTC

The National Foreign Trade Council (NFTC) is the premier business association advancing trade and tax policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses.

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