Will Next WTO Head Impose a Gates and Davos Agenda? | New Eastern Outlook

will-next-wto-head-impose-a-gates-and-davos-agenda?-|-new-eastern-outlook

23-10-20 09:14:00,

WTO342

It is all but certain that the next head of the influential World Trade Organization (WTO) will be an African by birth and a woman. But neither is what makes the all-but certain naming of Nigerian-born Ngozi Okonjo-Iweala cause for alarm. Rather it is who she is and who she presently is tied to that insure she will implement the unfolding agenda of the Great Reset transformation of the world economy, using the coronavirus pandemic as a prime lever. She presently heads an organization created by the seeming omnipresent (not omniscient) Bill Gates together with the Davos World Economic Forum—both involved in implementing the Great Reset–and she is deeply tied to the prime institutions of globalization and international finance. Some background we should know about.

Ngozi Okonjo-Iweala has just won the unanimous support of the 55 nations of the African Union, defeating an Egyptian candidate. As of this writing she faces certain approval over her South Korean opponent. On October 17, the 55 member countries of the African Union voted to back Okonjo-Iweala against her only remaining opponent, Yoo Myung-hee of South Korea, their current Minister of Trade. The Nigerian candidate claims also to have the backing of a group of Caribbean and Pacific states, bringing the number of countries officially endorsing her candidacy to 79 out of the 164 states that comprise the WTO. It looks like a done deal.

Who is Okonjo-Iweala?

Ngozi Okonjo-Iweala comes from senior ministerial posts in Nigeria, one of the world’s most corrupt states with a 2019 Transparency International index of 146 from 180 states evaluated. Notably, she was Finance Minister in the Nigerian government twice, first under President Olusegun Obasanjo from 2003–2006. Then again, from 2011–2015 under President Goodluck Jonathan when she was named Minister of Finance and Coordinating Minister for the Economy. Though she was never charged with corruption, in 2015 almost $20 billion was discovered “lost” after an audit by PriceWaterhouseCoopers of state oil revenues. She also convinced Goodluck Jonathan to lift gasoline subsidies in 2012 triggering massive street protests as many Nigerians see cheap gasoline as the only benefit they get from the country’s vast oil wealth. Cutting such subsidies is standard World Bank fare.

As Finance Minister she backed the usual IMF/World Bank demands for slashing state subsidies for gasoline and privatization of electricity.

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