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Cablegate: World Bank Demarche Delivered; Argentina Supports

VZCZCXYZ0040
OO RUEHWEB

DE RUEHBU #1086 1551644
ZNR UUUUU ZZH
O 041644Z JUN 07
FM AMEMBASSY BUENOS AIRES
TO RUEHC/SECSTATE WASHDC IMMEDIATE 8316
INFO RUEATRS/DEPT OF TREASURY WASHINGTON DC IMMEDIATE

UNCLAS BUENOS AIRES 001086

SIPDIS

SENSITIVE
SIPDIS

E.O. 12958: N/A
TAGS: ECON EFIN IBRD AR
SUBJECT: WORLD BANK DEMARCHE DELIVERED; ARGENTINA SUPPORTS
ZOELLICK AS WORLD BANK PRESIDENT

REF: STATE 73691

1. (SBU) Ambassador delivered reftel points regarding Mr.
Zoellick's candidacy and qualifications for the position of
World Bank President in writing on May 30 to Economy Minister
Felisa Miceli and Central Bank President Martin Redrado.
Charge subsequently reiterated points and urged GoA support
for Zoellick's nomination by telephone on May 31 to Redrado
and June 4 to Miceli,

2. (SBU) Minister Miceli, who represents Argentina on the
World Bank's Board of Governors, told Charge June 4 that the
GoA had already transmitted its support for Mr. Zoellick's
candidacy through Argentina's Executive Director to the World
Bank, Felix Alberto Camarasa, around May 30 or 31. Miceli
welcomed Zoellick's candidacy, saying the GoA knew him well
and worked closely with him during his time as USTR, which is
why it was one of the first countries to express official
support. She also mentioned that Mr. Zoellick stopped by
Camarasa's office for a brief meeting on Friday, June 1.

3. (SBU) Central Bank President Redrado, who serves as
Argentina's Deputy Governor to the World Bank, told Charge
May 31 that he strongly supported Mr. Zoellick's nomination.
He worked closely with Zoellick following the 2001/2002
Argentine financial crisis, when he was Argentina's chief
trade negotiator, and was confident of Zoellick's ability to
do the job. Redrado agreed to work with Miceli and other GoA
Ministries to develop a public statement of support.
MATERA

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