Guillermo Lasso became president of Ecuador
Guillermo Lasso became president of Ecuador

The former conservative banker Guillermo Lasso he assumed this Monday as the new president of Ecuador in a ceremony held in Quito at the Legislative Palace, the seat of the unicameral Parliament.

“In this government that is born today, of the new century of republicanism, the era of the caudillos ends … The era of the caudillos ends!”, Lasso said.

The former banker was sworn in in the presence of the leaders of Brazil, Jair Bolsonaro; Dominican Republic, Luis Abinader; and Haiti, Jovenel Moise, as well as the King of Spain, Felipe VI, according to Congress.

Meanwhile, the delegation of the United States Government was led by its ambassador to the UN, Linda Thomas-Greenfield, who on her arrival in Quito yesterday said that free elections such as those in which Lasso was appointed constitute an example for democracy in the region.

The Secretariat of Communication had anticipated the participation in the investiture of the presidents of Colombia, Iván Duque; Chile, Sebastián Piñera; and Uruguay, Luis Lacalle Pou, who however did not arrive.

With an acceptance of 60.5% of Ecuadorians, Lasso, who wore a dark suit and light blue tie at the inauguration, replaced Lenín Moreno, who had won the presidency promoted by former socialist ruler Rafael Correa (2007-2017) and then he became his opponent.

Lasso’s inauguration was also attended by Ibero-American right-wing political leaders such as former governors José María Aznar, from Spain; Álvaro Uribe and Andrés Pastrana, both from Colombia; in addition to the Venezuelan opposition leader Leopoldo López.

The Argentine government, meanwhile, was represented by a delegation headed by Foreign Minister Felipe Solá, who will give Lasso a letter from President Alberto Fernández, in which the president renewed his “best wishes” for the administration that is beginning.

In the ballot on April 11, Lasso took revenge against the former socialist president Rafael Correa (2007-2017) by defeating his dolphin, the economist Andrés Arauz, by 4.72 points.

After a decade of institutional instability (1997-2007), in which Ecuador had seven presidents – three of them overthrown – and from the correista era, Lasso is the first rightist to be elected.

For his four-year term, he promises a “government of the encounter” that will seek to overcome the polarization between correísmo and anticorreísmo, and a fierce fight against corruption.

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