Western Daily Press (Saturday)
Fox still in hunt for top trade role
FORMER trade secretary Liam Fox has made it through to the second round of the race to become the next director general of the World Trade Organisation (WTO).
Liz Truss, his successor at the Department for International Trade, yesterday announced that Dr Fox, the UK’s nominee for the top job, has successfully navigated the first round of voting among the 164 WTO members.
The trade body is in the process of electing a replacement for outgoing boss Roberto Azevedo.
A new director general is not expected to be elected for several weeks, after two more rounds of the contest.
Trade Secretary Ms Truss said: “I’m delighted to see Dr Fox through to the second round. The world needs a WTO director general that will stand up for free trade and fight protectionism.
“Business as usual will not work. We need someone with political skill who can build consensus, get things done, and drive forward the urgent reform that is needed.
“Liam is the ideal candidate for that. His energetic campaign has won the support of countries around the world, and I wish him all the very best in the next round.”
The North Somerset MP, an exdefence secretary, has held ministerial roles under Sir John Major, David Cameron and Theresa May, latterly serving as international trade secretary during the Brexit negotiations.
He was an ardent supporter of the UK’s exit from the EU and, despite being sacked from the cabinet by Boris Johnson, he was handed the UK’s WTO nomination in July.
Senior Tory Dr Fox has called for the global trade body to look to a candidate with political experience for its next director general.
In a statement, he said: “The WTO needs leadership at the top with an unswerving belief in the power of open markets to drive economic development and prosperity. It is one of the world’s great institutions. It has tremendous technical expertise, a wealth of experience and a long institutional memory.
“But it lacks political momentum at a time when most of the blockages in the global trading system are political and will need to be sorted out in national capitals as well as in Geneva.
“I see the role of the DG as building bridges and rebuilding trust across the world.”
The WTO describes its mission as ensuring “trade flows as smoothly, predictably and freely as possible” by setting a series of base-level trade rules for its members to sign up to.
If the UK leaves the European Union without a trade deal at the end of the transition period on December 31, it would fall back on WTO-set trade terms with its largest trading partner.