Audio By Carbonatix
The African Union has nominated Ghana’s former Trade Minister, Alan Kyremanteng as the continent’s candidate for the head of World Trade Organization position.
According to the Reuters News Agency, Mr. Kyeremangteng’s was selected at a meeting in Addis Ababa in July.
Elections for the position are expected later this year, to replace current head of the organization, Pascal Lamy.
With Trade diplomats pushing for Lamy's replacement to be African, Latin American or Caribbean, analyst say Mr. Kyeremanteng has a strong chance of being elected as WTO boss. He is currently the Head of the Africa Trade Policy Forum (ATPF) .
Several sources said the AU's approval of Kyeremateng was part of a deal to allow Nkosazana Dlamini-Zuma, a South African Minister and ex-wife of President Jacob Zuma, to win election to the chair of the AU.
Lamy's tenure at the WTO has been marked by Russia's accession last month, and disputes, notably a trans-Atlantic row over aircraft subsidies between Boeing and Airbus.
But most of all, it has been overshadowed by the failure to agree on any reform of the world trade rules. Whoever succeeds him will find unfinished negotiations over trade liberalisation and competing claims from different regional and economic blocs about what the next steps should be.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Father jailed 10 years for defilement and incest
11 minutes -
Gov’t increases quarterly adjudication allowance for chiefs from GH¢30,000 to GH¢50,000
22 minutes -
Three suspects, including a well-known drug dealer, arrested in Tamale-Yendi by police
1 hour -
China no longer Pentagon’s top security priority
1 hour -
TikTok US venture to collect precise user location data
2 hours -
High Court injunction seeks to cripple Ghana Law Society over illegal licensing claims
2 hours -
CSA cracks down on unlicensed cybersecurity providers; Sanctions begin Jan 31
3 hours -
Dr. Nyaho-Tamakloe blasts NPP’s top-down rebuilding strategy
3 hours -
UniMAC mourns student killed in hit-and-run near South Legon campus
3 hours -
Single company contracted by DVLA to produce number plates joins suit blocking introduction of new number plates as defendant
4 hours -
Bawumia tipped to win NPP primary with 57% – Global InfoAnalytics final poll
4 hours -
Manhunt for Gomoa Potsin herdsman after Kasoa election day gunman confesses
5 hours -
Achimota Retail Centre braces for Day 2 of ‘Joy At The Mall’ after Day 1 extravaganza
6 hours -
Joe Wise hopes for an NPP Chairman like the NDC’s Asiedu Nketiah
7 hours -
Joy Prime’s Prime Insight to dissect NPP peace pact and fuel price drop on Saturday
7 hours
