International

Head of World Trade Organization to step down early

File image.   | Photo Credit: AFP

The head of the World Trade Organization said Thursday he will leave his post a year before his term expires, an unprecedented mid-term resignation at the WTO that he called a personal decision.

Also read: The rise and fall of the WTO

Roberto Azevedo, a former diplomat from Brazil, said he will step down on August 31, cutting short a seven-year tenure marked in recent years by intense pressure from U.S. President Donald Trump, who accused the Geneva-based trade body of an anti-U.S. bias and other complaints.

Also read: World trade without rules? United States shuts down WTO appeals court

This is a decision that I do not take lightly, Mr. Azevedo told a special meeting of WTO delegations.

It is a personal decision - a family decision — and I am convinced that this decision serves the best interests of this organization.

The 25-year-old trade body has never had to fill a vacancy for the director-general post before that term expired, and under WTO rules, a selection process for a successor is to begin as soon as possible.

Mr. Azevedo’s WTO often found itself in the firing line of the Trump administration, which accused the trade body of a bias against the United States and of letting China get away with what it called unfair trade practices.

U.S. Trade Representative Robert Lighthizer thanked Mr. Azevedo for his exemplary service.

Despite the many shortcomings of the WTO, Roberto has led the institution with grace and a steady hand, Lighthizer said in a statement. He will be difficult to replace.

This article is closed for comments.
Please Email the Editor

Printable version | Nov 27, 2020 12:54:34 AM | https://www.thehindu.com/news/international/head-of-world-trade-organization-to-step-down-early/article31587137.ece

Next Story