There is no need to remind me that the U.S. government does NOT support an American citizen as the boss of the World Trade Organization, WTO; Dr. Ngozi Okonjo-Iweala is an American through naturalization. Yes, the US Government is vetoing the ascension of Dr. Ngozi Okonjo-Iweala over the person she defeated, another amazing woman – Yoo Myung-hee of Korea. But note this: it would not matter. The internet has already broken into two – the U.S. and Chinese internets. Trade is going to be broken into two – the US and emerging world versions.
U.S. concern is clear – we have given so much for others to rise. Possibly, Yoo can reverse that since Ngozi will see things from the angle of the emerging world which seeks more opportunities which, most times, the developed world will have to give out. It is not a zero-sum game: someone has to win or lose in balance of trade because the message of the rise of all, and not few remains globally tribal.
But before you insult Trump, this is not a Trump policy. During Obama’s time, they did the same thing and blocked Madam minister. But that blockage was early in the process that few knew.
But poor Yoo – how would she feel after she was defeated and yet handed the trophy? This world is indeed intriguing. If they go ahead and install Yoo, it would be the same result: you take the exam, or win the game, but another takes the trophy. I am not sure how Yoo will function when she knows that someone had beaten her, and because of the sound of that person’s name, the job was given to her. Yes, since Ngozi is an American, you cannot say it was because of her nationality.
I wish the US had chosen a different path on this: why allow NOI to go this far before this veto? Perhaps they expected her to lose, but unfortunately, for them, she won. This is not democracy in any way.
Yes, I miss my Ovim village; we have complicated this world in the name of industrialization and civilization. It used to be the World Trade Organization but the superpower has updated it to the “United States” Trade Organization. You see why I like the Oriendu market in my village – trading there is easier!
1. Advance your career with Tekedia Mini-MBA (Sept 13 – Dec 6, 2021): 140 global faculty, online, self-paced, $140 (or N50,000 naira). Click and register here.
2. Click to join Tekedia Capital Syndicate and own a piece of Africa’s finest startups with a minimum of $10,000 investment.