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CAN chief says Obama's election important for L America
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13:25, November 06, 2008

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Secretary General of the Andean Community of Nations (CAN) Freddy Ehlers said Wednesday that Barack Obama's election as U.S. president is important for Latin America.

Ehlers said Obama, a man "with sensitivity," may be able to deal with the developing world more effectively than his predecessors.

"He knows the big differences between the wealthy societies and those that are not," he told a local radio station.

Obama has been "a critic of the neoliberal system that the Bush administration practiced with consequences that we are living with now," Ehlers said.

Meanwhile, the CAN chief noted that Obama inherited a country with grave economic challenges, referring to the ongoing financial meltdown.

"Obama receives a country possibly in the most critical situation ...someone has ever received in at least 100 years, since Roosevelt," Ehlers said, adding that the crisis cannot be solved in just a few months or in a four-year U.S. presidential term.

"At this time, anything that happens in the U.S. has a global impact," he said.

U.S. Democratic candidate Obama won a landslide victory in the presidential election Tuesday, making him the 44th president of the United States and the first African-American in U.S. history to sit in the Oval Office.

The CAN, which groups Bolivia, Ecuador, Colombia and Peru, is a regional trade bloc aimed at promoting economic and social development. The group is based in the Peruvian capital of Lima.

Source:Xinhua



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