Brazil Hoping a Brazilian Will Be Next WTO’s Chief

The Brazilian candidate for the post of director-general of the World Trade Organization (WTO) is upbeat about his election. Luiz Felipe de Seixas Corrêa expressed confidence that the election will go to a representative from a developing country.

In his view, the idea is to introduce balance in the leadership of the large institutions involved with the international economic, financial, and trade system.


According to Seixas Corrêa, the International Monetary Fund (IMF) and the World Bank have executive boards composed of representatives of the developed countries.


For this reason, he says, Brazil and many other countries believe that the WTO should be headed by a developing nation.


The selection of the next director-general will be made through consultations with the representatives of the 148 countries that are currently members of the organization, which was founded in 1995 and has its headquarters in Geneva, Switzerland.


The Brazilian will continue campaigning through the end of March. The consultations, aimed at reaching a consensus over the choice of a name, will get underway in April and May.


The new director will take office in September, replacing Supachai Panitchpakdi, from Thailand.


Seixas Corrêa is in Davos, Switzerland, where he is participating in the World Economic Forum.


Translation: David Silberstein
Agência Brasil

Tags:

Ads

You May Also Like

Tom Jobim and Vinicius, the Brazilian Odd Couple Who Started It All – Part Three

Enter the American director, writer, producer, actor and jack-of-all-media-trades, the inimitable Orson Welles, once ...

Ricardo Cravo Albin's book on MPB

Brazilian Popular Music, a Bird of a Thousand Voices

A few months ago while performing in the New York area, I encountered an ...

Flying Black America to Bahia, Brazil

Avocet Travel announced its new vacation packages, including non-stop charter air service from New ...

One Hundred Years of Inequity

It is disheartening to witness Brazil once again discussing a minimum salary that belongs ...

Scientists Warn Brazil Is Not Ready for a Dengue Epidemics

Scientists say that until a vaccine against dengue fever is available, controlling the disease ...

Songs That Won’t Die

While bossa nova is used as a watershed, A Canção no Tempo (The Song ...

Vigilante Groups in Brazil Trump Drug Gangs and Become Rio’s New Authority

The push of vigilante groups in Rio de Janeiro’s favelas (shantytowns) in the last ...

Brazil Says the US and EU Are Playing the Poor Guys in Copenhagen

Brazil's chief of Staff Dilma Rousseff, the head of the Brazilian delegation at the ...

How Door-to-Door Sales Made Cosmetics Firm Natura into a Giant in Brazil

Countries all over the world are interested in taking the Brazilian brand Natura, leader ...

Brazil Ready to Pardon Debts As Long As Someone Else Pays

Five Latin American countries seek to have their debts with the Interamerican Development Bank ...