Azevêdo Takes Office from Lamy as WTO DG
Roberto
Carvalho de Azevêdo
formally began his term as WTO Director-General on Sunday, succeeding Pascal Lamy in the role. The leadership transition comes as the
organisation’s 159 members gear up for their December ministerial conference,
where they hope to clinch a package of deliverables from the long-running - and
often troubled - Doha Round of trade talks.
The
arrival of Azevêdo, who was previously Brazil’s
Ambassador to the global trade body, marks the first new WTO chief in eight
years. Azevêdo will give his inaugural speech to
members next Monday at a meeting of the General Council, where he is expected
to outline his initial plans and priorities for his four-year term.
Lamy exits
Azevêdo’s
entry comes on the heels of the departure of Pascal Lamy,
a French national who served as Director-General from 1 September 2005 until 31
August of this year. Notably, Lamy’s eight-year
tenure saw the organisation launch the Aid for Trade initiative, along with
taking an active role in monitoring the rate and number of protectionist
measures implemented by WTO members during the financial crisis.
Other
major WTO developments during this period included the finalisation of a
revised Government Procurement Agreement (GPA), an update to the organisation’s
guidelines for least developed country (LDC) accessions, and the adoption of a
transparency mechanism for regional trade agreements. Eleven new members have
joined the WTO since Lamy took office in 2005,
including Russia, bringing the current total to 159.
The
next steps for Lamy remain unclear. The former EU
Trade Commissioner has long been rumoured to be a contender for a place in the
French government’s cabinet; however no formal announcement of his future plans
has been made.