Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

International Relations

HOME > International Relations


Pinera sworn in for second term as Chile's president

March 12, 2018


Abstract : Businessman-turned politician Sebastian Pinera was sworn in as Chile's president on Sunday, beginning what will be his second term in office after a four-year absence.

智利总统

Chile's new President Sebastian Pinera (front, L) and outgoing President Michelle Bachelet (front, R) attend Pinera's inauguration ceremony at the headquarters of the National Congress, in Valparaiso, Chile, on March 11, 2018. Businessman-turned politician Sebastian Pinera was sworn in as Chile's president on Sunday, beginning what will be his second term in office after a four-year absence. (Xinhua/Jorge Villegas)

VALPARAISO, Chile, Mar. 12 (Xinhua) -- Businessman-turned politician Sebastian Pinera was sworn in as Chile's president on Sunday, beginning what will be his second term in office after a four-year absence.

At a brief ceremony before members of the national congress gathered in the central port city of Valparaiso, Pinera received the presidential sash from outgoing center-left President Michelle Bachelet for the second time, since she had turned over the reins to Pinera in 2010. Since 2006, the two have alternated in office.

Pinera, 68, was reelected in last November elections, promising to lower taxes and boost investment, and will serve until 2022.

According to Forbes magazine, Pinera is the fourth wealthiest man in Chile, with an estimated fortune of 2.8 billion U.S. dollars.

Following the ceremony, Bachelet and her cabinet left the venue to rounds of applause. Neither Bachelet nor Pinera made a speech.


Related Coverage

Focus

Think Tank

  • The Chinese Race to Artificial Intelligence

    August 10, 2018

    China is no longer just a manufacturing power, but a technologically advance...

  • Made in China 2025 and the Belt and Road Initiative

    August 10, 2018

    The industrial policy of “Made in China 2025” clearly focuses on innovatio...

  • Trump cannot push back China with $113m

    August 8, 2018

    Although the “Belt and Road Initiative” has caused some worries and rebou...

  • Beijing’s maritime gifts

    August 7, 2018

    Beijing seems to be strengthening its capacity building at sea.

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial