Yoo Myung-hee, the South Korean trade minister, announced her decision to withdraw in a televised briefing on Friday.
Okonjo-Iweala, an economist and former finance minister of Nigeria, already enjoyed broad support from WTO members, including the European Union, China, Japan and Australia.
However, the United States, under the Trump administration, had favored Yoo, complicating the decision-making process since the selection of a new leader requires all WTO members to agree. Okonjo-Iweala’s formal selection may have to wait until after the United States appoints a new trade representative.
Yoo said that her decision had been reached after “close consultation” with the United States. The WTO had been without a leader for too long, she added.
The Geneva-based body, tasked with promoting free trade, has been without a permanent director general since Roberto Azevêdo stepped down a year earlier than planned at the end of August after the WTO was caught in the middle of an escalating…