Race for
WTO DG Kicks Off on 1 Dec, New Zealander Groser Throws in Hat
The upcoming months are also set to see the
beginning of the race for electing a new head to the global trade body, with
current Director-General Pascal Lamy’s term set to
end on 31 August of next year.
While New Zealand Trade Minister Tim Groser
has already made clear his interest in the post, many have speculated that the
new trade chief could potentially come from a developing country, given that
the relatively recent appointments of World Bank and International Monetary
Fund heads stuck to tradition in choosing candidates from the US and EU,
respectively.
In line with WTO procedures, the process for appointing a new
Director-General must begin nine months ahead of the current head’s leaving
office. The process will therefore officially begin on 1 December. Members will
then have the month of December to nominate candidates and submit them to the
General Council chair, who will conduct the process with the help of the
Dispute Settlement Body and Trade Policy Review Body chairs acting as
facilitators.
Candidates will then have three months to make themselves
known to current members- i.e. until the end of March. A General Council
meeting to conclude the process and announce the new trade chief must be held
three months before Lamy concludes his term, in other
words by 31 May. The race for the Director-General is expected to be watched
closely by trade observers and policymakers alike, given that the next ministerial
will be held under his or her stewardship.