Al Hilal held to controversial 1-1 draw against Al Riyadh, missing chance to reclaim top spot    Al Hilal accuses SPL's Michael Emenalo of bias and SFF's Manuel Navarro of pressuring team to accept local referees Club criticizes officiating, calls for elite foreign referees in Saudi Pro League    Riyadh Metro records 18 million users in 75 days since launch; Blue Line the busiest route    NSG eyes satellite expansion to strengthen Saudi Arabia's space economy    Saudi, Italian interior ministers discuss countering drug trafficking    Exhibition in Riyadh marks 80th anniversary of historic Saudi-US meeting    EU Commission promises 'firm, immediate' reaction to US reciprocal tariffs    Jhon Duran's brace powers 10-man Al Nassr to thrilling 3-2 victory over Al Ahli    Saudi Arabia confirms alcohol ban for 2034 FIFA World Cup    Prince Badr holds bilateral meetings with Islamic ministers on the sidelines of ICESCO conference    Acting attorney in New York, five others quit after being told to drop Eric Adams case    Iran is rearming its missile program, Western sources say    Thousands of probationary employees fired as Trump administration directs widespread layoffs    NMC forecast: Thunderstorms will hit most Saudi regions until Monday    'Haram. Haram. Haram!' — Riyadh Air CEO slams lack of direct flights from Saudi Arabia to major global cities    Honda-Nissan multi-billion dollar merger collapses    Maya Diab joins Arab stars and celebrities in celebrating the Centrepoint Ramadan 2025 collection launch at Riyadh Boulevard    Oilatum tackles rise in Eczema and Dry Skin in Saudi Arabia    HONOR brings together AI and luxury with PORSCHE DESIGN HONOR Magic7 RSR at LEAP 2025    Chinese film stirs national pride, rakes in $1bn in days    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Mexican, Brazilian lead race to next WTO chief
Published in The Saudi Gazette on 27 - 04 - 2013

GENEVA —A Latin American is set to take the helm of the World Trade Organization after the field for the agency's next director general has narrowed to Mexico's former trade minister Herminio Blanco and Brazilian diplomat Roberto Azevedo.
The two are all that remains of an original list of nine candidates, the WTO announced Friday. The race pits an economist with a black-belt in karate versus a charismatic ambassador who is well-known in Geneva's international circles.
Whoever is eventually selected by the end of May will take on an organization that is at a crossroads, with the future of its role as a multilateral forum for negotiations in doubt.
While the Geneva-based WTO will remain an important institution for its dispute settlements and policy-monitoring functions, the rise of regional and bilateral trade functions has created doubts about whether the WTO is a place where negotiations can occur.
Blanco also was the chief representative for Mexico during NAFTA negotiations, a hard-fought deal that removed trade barriers to form one of the largest free-trade zones among Canada, United States and Mexico.
By helping to shape the North American Free Trade Agreement, Mexico gained foreign investment and significantly increased its exports but the deal has failed so far to lift the country's low wages.
Blanco has said it is time for the global organization to pick a Latin American director, and that being from Mexico should help him land the position.
Azevedo, who has insider knowledge of the WTO's workings, has said he'd strive to build consensus between developed and developing countries in hopes of resuming the so-called Doha Round of talks that began in 2001 but have not reached agreement.
The unwillingness of developing powerhouses like Brazil to cede to US demands for greater market access was widely cited as one of the main stumbling blocks to the negotiations.
Brazil and other fast-growing developing nations are looking to take on bigger roles in major global financial and trade decisions, primarily within institutions like the WTO and International Monetary Fund.
They were selected after months of consultations among ambassadors from all 159 members, most of them nations but also some territories such as Hong Kong and Macau.
The original nine candidates to lead the Geneva-based organization, which deals with trade rules among nations, came from Ghana, Costa Rica, Indonesia, New Zealand, Kenya, Jordan and Korea.
The winner, who is selected by polling support among WTO members in confidential rounds of consultations, will succeed Director-General Pascal Lamy of France, whose second four-year term expires on Aug. 31.
Though nations take pride in leading one of the world's most important international organizations, officials say the candidates' qualities and experience matter more than a nation's trade policies.
“It's not an election, it's a selection,” said Keith Rockwell, spokesman for the WTO. “You need a broad base of support across the geographical and developmental spectrum.” — AP


Clic here to read the story from its source.