Former Nigerian Minister of Finance, Ngozi Okonjo-Iweala has been elected Director General of the World Trade Organisation WTO). In the final two-man race, Okonjo-Iweala polled 104 votes from 164 member countries to defeat South Koreas Trade Minister. She becomes the first African to head the World Trade Organisation. The WTO is expected to announce Okonjo-Iweala as the new DG by 3pm Nigerian time.
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