WTO: Okonjo-Iweala emerges shoo-in as South Korean candidate withdraws bid
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Nigeria, Feb. 5 -- South Korean Trade Minister and candidate for the World Trade Organisation's top job, Yoo Myung-hee, has withdrawn her bid to lead the global trade body.
Her decision leaves former Nigerian Finance Minister Ngozi Okonjo-Iweala as the only remaining candidate for the top job.
Ms Yoo made the decision after discussions with the United States and other major nations, a statement from Korea's trade ministry said on Friday.
She also took various issues into account "comprehensively" including the need to revitalise the multilateral organization, reports said Friday.
The World Trade Organisation members has last October selected Mrs Okonjo-Iweala and Ms Yoo to advance to the final round in the race to lead the Geneva-base...
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