WTO DG
Okonjo-Iweala Encouraged by Support Voiced for WTO during
US Visit
WTO Director-General Ngozi
Okonjo-Iweala concluded a whirlwind four-day official
visit to the United States on 23 September, meeting with heads of state, senior
US officials, members of Congress and representatives from US business and labour groups during her stops in New York City and Washington
DC. She was encouraged by the strong degree of support expressed for the WTO and
its work while acknowledging calls for reform of the organization.
In her meetings, the Director-General again called for urgent international
efforts to ramp up the production and distribution of COVID-19 vaccines to low-income
countries, citing it as a moral and economic imperative. In her discussions on trade,
she underlined the importance of US support and engagement in ensuring successful
outcomes at the WTO's upcoming 12th Ministerial Conference (MC12).
“I was very pleased with the positive welcome we received and the degree
of support expressed for the WTO,” the Director-General said. “Everyone wants a WTO that can deliver, for people,
for workers, for business and for the environment.”
“At the same time, I also heard very clearly that for the WTO to succeed,
it must change, it has to update its rule book, fix its dispute settlement system,
resolve differences on outstanding issues and respond to the trade challenges of
the 21st century.”
In New York, the Director-General met with several heads of state,
including President Akufu-Addo of Ghana, President Samia Suluhu Hassan of Tanzania, President
Duque Márquez of Colombia, President Buhari of Nigeria and President Julius Bio of Sierra Leone as
well as other senior officials on the sidelines of the United Nations' annual General
Assembly meeting. The discussions covered issues such as vaccine equity, trade capacity
in developing countries, eliminating harmful fisheries subsidies, the role of the
WTO in post-pandemic recovery and how Africa can further benefit from regional and
global value chains.
She also participated in a United Nations Development Programme Panel on Vaccine Equity with UNDP Administrator Achim Steiner and another panel on “Balancing the Scales of
Global Health: How to erase the health gap” at the Future Investment Initiative
Institute.
In Washington DC, the Director-General took part in US President Joseph
Biden's Virtual COVID-19 Summit on 22 September, one of a handful of international
agency heads to address the meeting. She welcomed the announcement by the United
States and others to accelerate efforts to produce and distribute vaccines to low-income
countries and highlighted the WTO's role in helping manufacturers ramp up production
through monitoring and easing of supply chain constraints.
She also met with United States Trade Representative Katherine Tai
on 22 September. The constructive discussions focused on preparations for the WTO's
upcoming Ministerial Conference and the broader WTO reform agenda.
Later in the day, the Director-General met with US Commerce Secretary
Gina Raimondo, where she was encouraged by the Secretary's support for the WTO and
a successful outcome to the fisheries subsidies negotiations.
She also met with Deputy Treasury Secretary Wally Adeyemo and discussed the impact of macro fiscal issues on trade
as well as debt and fiscal space challenges for low-income and lower middle-income
countries and the issue of greater reallocations of Special Drawing Rights (SDRs)
to Africa from the unprecedented $650 billion equivalent just approved by International
Monetary Fund Governors to help improve liquidity, with a view to helping these
countries manage the pandemic.
Also on 22 September, the Director-General met with the heads of key
US trade associations — the U.S. Chamber of Commerce, the American Farm Bureau,
the American Chemistry Council and the National Foreign Trade Council. The discussion
centred on the role of the associations in helping achieve
a successful MC12 meeting and ensuring the WTO is responsive to the needs of business.
She also met Liz Shuler, President of the American Federation of Labor
and Congress of Industrial Organizations (AFL-CIO), to exchange views on how trade
can be an instrument for inclusion and improving living standards.
On 23 September, the Director-General met with the US House Ways and
Means Committee and the US Senate Finance Committee. She briefed committee members
on the latest developments at the WTO, including preparations for MC12 and the ongoing
negotiations on fisheries subsidies, agriculture, trade and health, and the prospects
for discussions on WTO reform post-MC12. She welcomed the constructive engagement
and support expressed by the members of Congress, who expressed strong support for
the WTO but underlined the need to engage in discussions which lead to effective
reform of the organization in various areas of its work and functions.