Former UK International Trade Secretary Dr Liam Fox is in the race to become the next Director-General of the World Trade Organisation after two candidates dropped out of the race. Liam Fox has now moved to round two of the selection process as he continues to pitch why he should be the next Director-General of the WTO.
Liam Fox was nominated to be in the race by UK Prime Minister Boris Johnson after Director-General, Roberto Azevedo, who stepped down after seven years in charge. The next part of the selection process starts on the 24th of September 2020.
Liam has been meeting with representatives from all around the world, hoping to gain the support to achieve the top position. Liam said: “We need the best-qualified candidate for the job with the ability to deliver what the Membership is demanding. I believe I am that candidate.” Dr Liam Fox is said to be wanting to restore the credibility of the WTO at the heart of the rules-based trading system.
He said:“It cannot be a ‘business as usual’. The WTO was facing very significant challenges before COVID-19. Those headwinds are made all the more urgent by the pandemic.”“Declining trade volumes, disagreements about the normative agenda, and most importantly, a breaking down of the multilateral consensus which enabled the WTO to be established are challenges we need to tackle head-on.”
“The WTO needs leadership at the top with an unswerving belief in the power of open markets to drive economic development and prosperity.” “It is one of the world’s great institutions. It has the tremendous technical expertise, a wealth of experience and a long institutional memory. But it lacks political momentum at a time when most of the blockages in the global trading system are political and will need to be sorted out in national capitals as well as in Geneva.”
“I see the role of the DG as building bridges and rebuilding trust across the world. My time as a UK Minister in one of the world’s biggest economies with a respected development agenda allowed me to get a real sense of both opportunities and frustrations across the Membership. I am looking forward to continuing this campaign.”