LatinNews Daily - 22 June 2020

Brazil/Region: On 17 June Brazil joined a growing list of Western Hemisphere countries to publicly back a US candidate for the presidency of the Inter-American Development Bank (IDB), a position which has been occupied by a Latin American since the institution was founded in 1959. In a joint statement by its economy and foreign relations ministries, Brazil’s government welcomed the “American candidacy” and said that the US and Brazil “share fundamental values, such as the defence of democracy, economic freedom and the rule of law.” This expression of support followed the announcement by the US Treasury Department on 16 June that it intends to nominate US-based candidate, Mauricio Claver-Carone, currently Deputy Assistant to the President and Senior Director for Western Hemisphere Affairs at the National Security Council. Since the announcement, a string of governments from Latin America and the Caribbean, including Colombia, Ecuador, Uruguay, Paraguay, Honduras and Haiti, have also publicly backed the potential appointment. The current president Luis Alberto Moreno was re-elected for a third five-year term on 14 September 2015.

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