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GENEVA 31 Aug 2013 Pascal Lamy retires as WTO chief

When Pascal Lamy retires as Director-General of the World Trade Organization on Aug 31 after eight years at the top, he won’t have what he and the

August 31, 2013 - NULL

GENEVA 31 Aug 2013 Pascal Lamy retires as WTO chief

When Pascal Lamy retires as Director-General of the World Trade Organization on Aug 31 after eight years at the top, he won't have what he and the organization sought - a global free trade deal. The Frenchman's successor inherits the unfinished Doha Round of negotiations -- or the job of reinventing the body -- and countless rows between rival regions and blocs that put their own trade interests ahead of global trade. The heads of the WTO's three main decision-making bodies will choose a consensus candidate before May from nine candidates

GENEVA 31 Aug 2013 Pascal Lamy retires as WTO chief

When Pascal Lamy retires as Director-General of the World Trade Organization on Aug 31 after eight years at the top, he won't have what he and the organization sought - a global free trade deal. The Frenchman's successor inherits the unfinished Doha Round of negotiations -- or the job of reinventing the body -- and countless rows between rival regions and blocs that put their own trade interests ahead of global trade. The heads of the WTO's three main decision-making bodies will choose a consensus candidate before May from nine candidates, the largest ever field for the prestigious hot seat. There is speculation that French President Francois Hollande will offer Lamy a government job.

Canada's Globe & Mail notes that the 157-member WTO General Council can hold a vote for the WTO chief, but it never does. The so-called troika of WTO leaders is comprised of General Council chair Elin Johansen of Norway, Dispute Settlement chair Shahid Bashir of Pakistan and Council for Trade in Goods chair Eduardo Gomez of Columbia will do the choosing after consulting with members.

The betting is that the top job will go to someone from either Latin America or Africa, neither of which has ever had one of its own in the top job.

According to the Bloomberg newswire, United Kingdom bookmakers give Anabel Gonzalez and Tim Groser, the trade ministers of Costa Rica and New Zealand, and Ghana's former trade minister, Alan John Kyerematen, the best chance of securing the top job. The race has attracted nine candidates, including three women for the first time, and is the most competitive contest ever for the four-year post.

The other candidates are Kenya's Amina Mohamed, Indonesia's Mari Pangestu, Brazil's Roberto Azevedo, Mexico's Herminio Blanco, South Korea's Bark Tae-Ho and Jordan's Ahmad Thougan Hindawi. (WRITTEN JAN 2013)

KEYWORDS: Pascal Lamy retirement, Pascal Lamy retires, August 2013, WTO Director-General, World Trade Organisation, World Trade Organization, WTO, Anabel Gonzalez, Tim Groser, Ghana, Alan John Kyerematen, candidates, women candidates, director-general contest, Amina Mohamed, Kenya, Indonesia, Mari Pangestu, Brazil, Roberto Azevedo, Mexico, Herminio Blanco, South Korea, Bark Tae-Ho, Jordan, Ahmad Thougan Hindawi, Geneva, Switzerland, Europe

RELATED READING:

WTO
http://www.wto.org/index.htm

Candidates for top WTO job to make their pitch at Davos (Globe & Mail 15 Jan 2013)
http://www.theglobeandmail.com/report-on-business/economy/economy-lab/candidates-for-top-wto-job-to-make-their-pitch-at-davos/article7364729/

World Trade Organisation's Pascal Lamy: Capitalism must change (BBC 21 Jan 2013)
http://news.bbc.co.uk/2/hi/programmes/hardtalk/9786725.stm

Gonzalez Says Costa Rica's History Helps Qualify Her to Lead WTO (Bloomberg 23 Jan 2013)
http://www.bloomberg.com/news/2013-01-23/gonzalez-says-costa-rica-s-history-helps-qualify-her-to-lead-wto.html

Costa Rica, Ghana, New Zealand Favored for Top WTO Job (Bloomberg 21 Jan 2013)
http://www.bloomberg.com/news/2013-01-21/costa-rica-ghana-new-zealand-favored-for-top-wto-job.html

Date written/update: 2013-08-31