Brazil’s Azevedo is new WTO boss

print   ·   T  T  
Roberto Azevedo
Roberto Azevedo

Brazilian Roberto Azevedo has been named to take the helm of the World Trade Organization, the selection process chief told AFP on Wednesday.

“He was leading in every single round,’’ Pakistan's Ambassador Shahid Bashir, who chairs the WTO’s ruling General Council, said of the Brazilian career diplomat, confirming the nomination announced by diplomats late on Tuesday.

Mr. Bashir spoke after he and other officials steering the race to replace Frenchman Pascal Lamy at the helm of the Geneva-based body briefed WTO’s 159 member nations about the nomination, which would not be made official until next week.

Career diplomat Azevedo beat veteran Mexican trade negotiator Herminio Blanco in the final round of the contest and is the first official from the BRICS group of emerging economies to take the job.

Mr. Azevedo, 55, is an experienced negotiator and consensus-builder at the WTO, and his insider status appeared to have clinched the race.

He has been Brazil’s WTO Ambassador since 2008. — AFP



Recent Article in BUSINESS

Sensex and Nifty hit fresh peaks

Stocks on Friday notched up their best gains in three weeks with the benchmark Sensex surging 267 points and Nifty jumping by 75.45 point... »