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Pascal Lamy all set for appointment as new WTO chief
Geneva:
The World Trade Organization is expected to appoint Pascal Lamy of France as its new Director-General, as he goes unopposed into the confirmation meeting of the 148-member body's General Council.

Carlos Perez del Castillo of Uruguay - Lamy's last remaining rival for the post - withdrew from the race after the panel said Lamy was the candidate most likely to win consensus approval.

Under WTO rules, a selection panel had until May 31 to establish which candidate had the broadest backing. "It is understood that the candidate or candidates least likely to attract consensus shall withdraw" over those two months, the rules say.

Lamy now looks set to succeed Supachai Panitchpakdi of Thailand, who steps down Aug. 31.
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domain-B : Indian business : News Review : 28 May 2005 : people