Advert

Lamy proclaimed new WTO chief

Former European Union trade chief Pascal Lamy was effectively proclaimed next head of the World Trade Organisation (WTO) yesterday when his only remaining rival pulled out.

Mr Lamy, who saw off the challenges of three developing country candidates in the race for the top job in world trade, will be formally appointed head of the Geneva-based trade organisation on May 26 or 27, diplomats said.

His last opponent, Uruguayan diplomat Carlos Perez del Castillo, announced his withdrawal after a special selection panel of three trade diplomats declared that Mr Lamy had the most support among the WTO's 148 members.

Under new WTO rules, drawn up to avoid a repetition of the bitterness of the last leadership contest, the panel was asked to sound out members and decide which candidate was strongest.

"I recommend that the forthcoming meeting... appoint Mr Pascal Lamy as the next director-general of the WTO," said Kenyan ambassador Amina Mohamed, who had chaired the panel.

Perez del Castillo, a well-respected former chairman of the WTO's executive General Council, told journalists that he had telephoned Mr Lamy to congratulate him.

Mr Lamy will take over from incumbent Supachai Panitchpakdi for a four-year term starting on September 1, just four months before the WTO faces a deadline for key deals in its struggling Doha Round of free trade negotiations.

Advert

0 Comments

Post comment

Comments are submitted under the express understanding and condition that the editor may, and is authorised to, disclose any/all of the above personal information to any person or entity requesting the information for the purposes of legal action on grounds that such person or entity is aggrieved by any comment so submitted.

At this time your comment will not be displayed immediately upon posting. Please allow some time for your comment to be moderated before it is displayed.

Your User Profile is incomplete.
Please click here to complete your profile before posting comments.

Advert
Advert