The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Wed, May 18, 2022 | 06:36
Trade minister Yoo Myung-hee kicks off Europe campaign for WTO race
Posted : 2020-09-27 16:17
Updated : 2020-09-27 19:04
Print Preview
Font Size Up
Font Size Down
Trade Minister Yoo Myung-hee departs for Europe at Incheon International Airport, Sunday. Yonhap
Trade Minister Yoo Myung-hee departs for Europe at Incheon International Airport, Sunday. Yonhap

By Do Je-hae

Trade Minister Yoo Myung-hee, who is trying to become the first Korean and first female chief at the World Trade Organization (WTO), has embarked on a trip to Europe for her next round of campaigning, according to the Ministry of Trade, Industry and Energy.

"Minister Yoo is visiting Geneva and Sweden from Sept. 27 until Oct. 2 to seek support of WTO member states with regard to the election of the next WTO director-general," the ministry said in a statement, Sept. 25.

Yoo has been making a series of overseas trips to promote her candidacy, which focuses on the reform of the WTO to make it more resilient, relevant and responsive to the new environment in global trade.

She has underlined the role of middle powers such as Korea to mediate conflict among WTO member states, such as the U.S.-China row, at a time when the international community is becoming more protectionist.

Her latest trip to Europe comes at a critical point in her campaign, as she is competing with four other candidates from Nigeria, Kenya, Saudi Arabia and Britain who recently advanced to the second round of voting, which will be closed Oct. 6. She needs to pass this round to become one of the two final stage candidates. The WTO is aiming to conclude the selection process by early November.

Since announcing her bid in July, Yoo actively disseminated her vision for the WTO through interviews in the international media, including CNN Bloomberg TV, as well as social media activities and webinars.

Cheong Wa Dae and the Korean government have actively supported her campaign, creating a taskforce led by senior presidential aide for policy Kim Sang-jo.

"As the first female trade minister for the Republic of Korea, Yoo has been an innovator, negotiator, strategist and pioneer in her 25-year career in trade," the Ministry of Foreign Affairs said in a statement. "She is a skillful negotiator with deep knowledge and insights into the details of various areas of trade agreements, but more importantly, she has flourished in her role as a catalyst who brings together diverse views of the parties involved to derive win-win solutions."

Sources familiar with her bid said that Seoul's election of Yoo as the candidate for Korea's third bid for the top WTO post reflects the deep trust President Moon has put in Korea's first female trade minister.


Emailjhdo@koreatimes.co.kr Article ListMore articles by this reporter
 
  • Competition heats up in urban air mobility market
  • As China says goodbye to 2023 Asian Cup, should Korea step in?
  • The Collective brings 'Bootycandy' to Korea
  • India's wheat export ban feared to raise prices of bread, instant noodles
  • Air Seoul to resume Incheon-Boracay flights next month
  • Gov't urged to increase support for creators when K-culture is hot
  • Ex-baseball coach accused of assault suspended for 100 games by KBO
  • Korean volunteer fighter in Ukraine doesn't regret his action despite facing imprisonment at home
  • 5 Woori Bank branches open exclusively for foreign customers every Sunday
  • South Korean, Chinese FMs agree to discuss humanitarian aid for NK
  • BTS wins three Billboard Music Awards, marking 6th year to win an award BTS wins three Billboard Music Awards, marking 6th year to win an award
  • Yeo Jin-goo offers glimpse of his role in new series 'Link: Eat, Love, Kill' Yeo Jin-goo offers glimpse of his role in new series 'Link: Eat, Love, Kill'
  • How did TikTok become main marketing tool for K-pop? How did TikTok become main marketing tool for K-pop?
  • 'Broker,' 'Decision to Leave' to kick off summer blockbuster season 'Broker,' 'Decision to Leave' to kick off summer blockbuster season
  • Antony Gormley, Chun Kyung-ja to be highlighted at this month's auction Antony Gormley, Chun Kyung-ja to be highlighted at this month's auction
DARKROOM
  • 2022 Pulitzer Prize: Bearing witness to history

    2022 Pulitzer Prize: Bearing witness to history

  • Worsening drought puts millions at risk

    Worsening drought puts millions at risk

  • Our children deserve the best

    Our children deserve the best

  • End of mask mandates

    End of mask mandates

  • Rio Carnival returns after two-year hiatus

    Rio Carnival returns after two-year hiatus

The Korea Times
CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Location
  • Media Kit
  • Contact Us
  • Products & Service
  • Subscribe
  • E-paper
  • Mobile Service
  • RSS Service
  • Content Sales
  • Policy
  • Privacy Statement
  • Terms of Service
  • 고충처리인
  • Youth Protection Policy
  • Code of Ethics
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group