Nigerian economist Ngozi Okonjo-Iweala has been chosen as the next Director-General of the World Trade Organization (WTO). She would be the first woman as well as the first African nation to lead the organization. Okonjo-Iweala, the former finance minister of Nigeria, will succeed Roberto Azevedo, who stepped down in August 2020.
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Important takeaways for all competitive exams:
- World Trade Organization Headquarters: Geneva, Switzerland.
- World Trade Organization Founded: 1 January 1995.