South Korean trade minister drops out of WTO race: govt
AFP
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South Korean trade minister Yoo Myung-hee on Friday abandoned her bid to become head of the World Trade Organization, Seoul said, clearing the way for Nigeria's Ngozi Okonjo-Iweala to become the first woman and first African director-general.
Yoo Myung-hee (File photo: AFP)
Yoo had consulted with the United States -- her prime backer -- and other major countries and "decided to renounce her candidacy", South Korea's trade ministry said in a statement.