WTO Director-General Resigns
On Thursday of last week, the World Trade Organization's (WTO) Director-General Roberto Azevêdo announced that he would be stepping down from his position as Director-General of the organization on August 31.
"It is not easy for me to say this," said Mr. Azevêdo in his statement to WTO members during their virtual meeting. "The multilateral trading system has been at the centre of my career since I was first posted here in 1997. Since then, I have been working in the system, with the system, and for the system. A big chunk of my life, 23 years, has been dedicated to the system, and I have been grateful for this opportunity.
My tenure as WTO Director-General has been the most demanding, exciting and gratifying period in my professional life. I have learned a great deal. And I believe that I have been able to contribute to maintaining the WTO as a key pillar of global economic governance amid challenging times for multilateral cooperation."
For more information, and the General Director's full statement, please see here.