South Korean candidate withdraws from the selection of the new Director-General of the WTO

February 5 According to Yonhap in English, in the final stage of the selection of the new Director-General of the World Trade Organization (WTO), South Korean candidate Yu Mingxi withdrew from the selection on the 5th, making way for rival Nigerian candidate Ngozi Okonjo-Iveala.

“I have decided to renounce my candidacy, taking into account various factors, including the need to revitalize the WTO,” Yu Ming-hee, who is the Minister of Trade Negotiations of the Ministry of Industry, Trade and Resources of South Korea, said in a statement.