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Breaking: WTO Retains Okonjo-Iweala, Drops Three Others

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World Trade Organization dropped three candidates from the race to be the next Director -General of the body .
It also plans to reduce the contestants to two final candidates in the coming weeks .
Nigeria ’s Ngozi Okonjo – Iweala still remained in the race , according to
Bloomberg on Friday .
Okonjo -Iweala is a former finance minister in Nigeria and former Managing Director of the World Bank .
The Geneva- based WTO said Mexico ’s Jesus Seade , Egypt’s Hamid Mamdouh , and Moldova ’s Tudor Ulianovschi didn ’t secure enough support in a first of three rounds of voting .
“Their expertise and high professional and personal qualities are highly valued and respected by all members ,” WTO General Council Chairman , David Walker , said in a statement on Friday .
The second phase of consultations would begin on September 24 and run until October 6 after which the WTO would announce two final candidates .
The goal was to name a new leader by November 7 .

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