European leaders ask EU to support postponement of IDB vote
LATIN AMERICA | YESTERDAT 17:13
Three European leaders enter debate. Vote to elect the next president of the Inter-American Development Bank is currently scheduled to take place by remote session on September 12.
Three former European presidents on Tuesday urged the European Union to support the postponement of the election of a new Inter-American Development Bank president.
The intervention amid controversy over US President Donald Trump's attempts to install his own candidate at the institution, which is traditionally always headed by a Latin America.
"The challenge is to preserve the balances guaranteed for decades around the fundamental principles of multilateralism," former French president François Hollande (2012-2017), ex-Spanish leader Felipe González (1982-1996) and the Italy's Massimo D'Alema (1998-2000) said in a joint statement.
The IDB, the main source of financing for development in Latin America and the Caribbean, plans to elect a successor to Colombian Luis Alberto Moreno, in office since 2005, in a virtual meeting on September 12.
More:
https://www.batimes.com.ar/news/latin-america/three-former-presidents-ask-the-eu-to-support-postponement-of-idb-election.phtml
