Connect with us


Okonjo-Iweala highlights role of WTO in production of ÇOVID-19 vaccine



Nigeria’s former Minister of Finance, Dr Okonjo-Iweala, Sunday highlighted the vital role the World Trade Organisation (WTO) could play in the production of COVID-19 vaccine.

Okonjo-Iweala is one of eight candidates vying for the World Trade Organisation (WTO) Director-General position.

The remaining candidates are from Mexico, Egypt, Moldova, South Korea, Kenya, the United Kingdom, and Saudi Arabia.

The ex-minister, who was in Geneva, Switzerland, for a reception organised in her honour by the Nigerian Permanent Mission to the United Nations, urged the rest of the world to support her quest for the WTO’s top job.

She said: “When vaccines and therapeutic medicine are produced, the WTO should be able to facilitate accessibility and equitable distribution to all member nations.

“To this end, trade has to be a strong recovery out of the global recession. And that makes a multilateral trading system part of the solution.”

Okonjo-Iweala, who currently chairs the Board of the Global Alliance for Vaccines and Immunisation (GAVI), said the GAVI experience would enable her to bridge the gap between developed and developing countries in the production of the COVID-19 vaccines.

The ex-minister added: “There is need for WTO to collaborate with finance agencies to address these issues otherwise it remains an impediment to the multilateral trading system.

“If elected as director-general, you have an ally, who is interested in addressing these challenges.”

Join the conversation


Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now