Mexico’s candidate for WTO’s top post can benefit developing countries — Ambassador Corona

KUALA LUMPUR Mexico’s candidate to vie for the post of World Trade Organisation’s  (WTO) Director-General, Jesus Seade Kuri, is an experienced negotiator with vast knowledge in global trade matters.

 

Mexico’s Ambassador to Malaysia, Carlos Felix Corona, said coming from a developing country and with his experience on negotiating important trade agreements between the developing and the developed countries, Seade is prone to working with them and to defend the interests of the developing countries.

 

 

 

“In this pandemic scenario, the WTO needs an experienced and sensitive person with an inclusive vision to confront the economic and trade challenges.

 

“(Therefore) Mexico considers Seade as the best option to the post for the benefit of the developing and developed countries to advance agreements and actions of the WTO with an inclusive compromise and vision,” he said to Bernama.

 

Seade is an experienced negotiator whose roots are in the General Agreement on Tariffs and Trade (GATT), International Monetary Fund (IMF), World Bank, and the WTO itself. He has also been working with the developing countries in Africa, Latin America, and Asia.

 

 

He was also Mexico’s ambassador to the GATT and chief negotiator for Mexico during the creation of the WTO, and had represented Mexico as the chief negotiator to the Uruguay Round of multilateral trade negotiations that led to the creation of the WTO in 1995.

 

Seade, 74, also served as WTO’s founding deputy director-general.

 

In this part of the world, Seade’s active engagement includes having served as Hong Kong’s Lignan University’s Vice President, Associate Vice President for Global Affairs at the Hong Kong-Shenzhen China University, as well as Senior Advisor for Hong Kong Secretaries of Financial Services and Commerce and Industry.

 

According to Corona, Seade’s vast knowledge in the challenges and opportunities of free trade was a substantial element during the negotiations to craft an updated version of the North American Free Trade Agreement (NAFTA) as the chief negotiator of the USMCA (US-Mexico-Canada Agreement) – which was signed last year and has initiated its operations on Wednesday (July 1).

 

This free trade agreement is the largest of its kind on the planet.

 

Seade’s nomination, announced by Mexico’s President Andrés Manuel López Obrador, was made following incumbent Roberto Azevedo’s decision to step down at the end of August this year.

 

According to the website of WTO, four other candidates have formally submitted their candidacy to vie for the top post to date besides Seade.

 

They are Dr. Ngozi Okonjo-Iweala from Nigeria, Abdel-Hamid Mamdouh of Egypt, Tudor Ulianovschi of Moldova, and Yoo Myung-hee from South Korea.

 

The nomination will close on July 8.

 

Source: BERNAMA News Agency