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Friday, June 17, 2011

Carstens Says Too Early to Comment on Japan's Support

From Reuters:

Mexican Central Bank Governor Agustin Carstens, a contender to head the International Monetary Fund, said on Friday that it would be premature for him to comment on whether he earned Japan's support for his bid to become head of the fund.

Carstens, speaking to reporters after meeting Japanese Finance Minister Yoshihiko Noda and Bank of Japan Governor Masaaki Shirakawa, said he explained his views on the fund and his ideas on Japan's role.

"The Japanese finance minister listened very carefully to my position," Carstens told reporters. "It is still premature, but I had a good discussion with him."

As we all know, Carstens is running against French Finance Minister Christine Lagarde to replace IMF Chief Dominique Strauss-Kahn. It seems as though Carstens, although cautious in his statements, is optimistic about Japan's support for his bid to the IMF presidency.

What do you know about financial relations between Japan and Mexico? Is their good reason to believe that Japan will support Mexico's Chief instead of Lagarde?

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