ngozi okonjo iweala

Nigeria's Ngozi Okonjo-Iweala was on Monday appointed as the first female and first African head of the beleaguered World Trade Organization (WTO), saying a stronger WTO would be vital for the global coronavirus recovery.

The head of the World Trade Organization (WTO) told Reuters on Thursday that negotiations on an intellectual property deal for Covid-19 vaccines were ongoing between the four parties, saying they were seeking to agree on the proposal's final terms.

The World Trade Organization concluded deals Friday on tackling food insecurity, curbing harmful fishing subsidies and temporarily waiving Covid-19 vaccine patents after days of round-the-clock talks. The ministerial conference also agreed on deals on e-commerce, responding to pandemics and reforming the organisation itself.

Recently Priyanka Chopra jetted off to Davos, Switzerland, to attend the annual meeting of World Economic Forum. The actress took to Instagram to share several stories from her trip. The actress who is the Global Citizen ambassador will address the world leaders about extreme poverty, climate change and inequity.

The new director-general of the World Trade Organization - the first African and first woman to hold the post - has arrived at its Geneva headquarters for her first day on the job. Ngozi Okonjo-Iweala, 66, a Nigerian economist and former government minister, donned a mask as she made brief comments to reporters on way into the imposing building on the shores of Lake Geneva on Monday.

World Bank managing director Ngozi N Okonjo-Iweala will visit the city on Monday to look into the progress of bank-financed infrastructure projects.

Members of the World Trade Organization (WTO) on Monday appointed Nigeria’s Ngozi Okonjo-Iweala as the first woman and African head of the multilateral agency, signalling that the Geneva-based body may finally be open for business.

The head of the World Trade Organisation (WTO) said on Monday a meeting this week to tackle "glaring" inequity in Covid-19 vaccine allocation will be attended by major manufacturers and look at solutions such as firing up idle or under-used manufacturing plants in Africa and Asia.

The United States has become the first major fishing nation to officially approve a World Trade Organization (WTO) deal that aims to cut subsidies contributing to overfishing worldwide. The agreement needs two-thirds of the WTO's 164 members to sign it to become active. Only a few smaller countries have accepted it so far. The deal aims to reduce the billions of dollars given in subsidies that are causing marine life depletion.

Commerce and industry minister Piyush Goyal's absence from the first two days of WTO ministerial meet has sparked speculation about his political ambitions. WTO chief Ngozi Okonjo-Iweala revealed that Goyal is currently engaged in political activities and is running for a seat in the upcoming Lok Sabha polls from Mumbai. However, she assured that Goyal will join the meeting soon.

Trade ministers from around the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting to discuss new global commerce rules. However, even the organization's chief, Ngozi Okonjo-Iweala, tried to manage expectations. The World Trade Organization, which plays a crucial role in 75% of global commerce, faces challenges in reaching consensus due to the increasing fragmentation of the global economy.