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Region with most significant WTO trade agreement by end of 2025?
2
Resolution / Starting Odds
Asia-Pacific • 25%
Europe • 25%
Africa • 25%
Americas • 25%
Official WTO announcements and major news reports
Story
Ngozi Okonjo-Iweala Reappointed as WTO Director-General for Second Term Amid Trade Wars
Nov 29, 2024, 12:34 PM
Ngozi Okonjo-Iweala, a Nigerian economist, has been reappointed by the World Trade Organization's General Council as its Director-General for a second four-year term. The decision was made during a special meeting, reflecting confidence in her leadership amidst looming trade wars. Okonjo-Iweala's reappointment comes at a critical time as the global trade landscape faces potential disruptions. Her tenure has been marked by efforts to revitalize the organization, leveraging her skills, personality, and seemingly inexhaustible energy. The reappointment has been welcomed by various stakeholders, including President Bola Tinubu of Nigeria and the Office of the United States Trade Representative, indicating broad international support for her continued leadership.
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ASEAN • 25%
EU • 25%
US • 25%
Other • 25%
Japan • 25%
South Korea • 25%
Norway • 25%
Bangladesh • 25%
Increased tariffs on China • 25%
Increased tariffs on EU • 25%
New trade deal with China • 25%
New trade deal with EU • 25%
Canada • 25%
Mexico • 25%
United Kingdom • 25%
China • 25%
United States • 25%
European Union • 25%
ASEAN • 25%
Other • 25%
Trade war with EU • 25%
Trade war with China • 25%
No major trade war • 25%
Other regions • 25%
Consensus on reducing protectionism • 25%
No agreement reached • 25%
Increased trade tensions • 25%
Other outcome • 25%
Africa • 25%
Southeast Asia • 25%
Latin America • 25%
Middle East • 25%
Manufacturing • 25%
Agriculture • 25%
Services • 25%
Other • 25%
Europe • 25%
North America • 25%
Asia-Pacific • 25%
Other • 25%