Head of World Trade Organization to step down early


PTI | Geneva | Updated: 15-05-2020 01:56 IST | Created: 15-05-2020 01:56 IST
Head of World Trade Organization to step down early
  • Country:
  • Switzerland

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." 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 US President Donald Trump, who accused the Geneva-based trade body of an anti-US bias and other complaints. "This is a decision that I do not take lightly," 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. 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.

US Trade Representative Robert Lighthizer thanked 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 story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback