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Guillermo

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Panama agreement ends UN seat row
November 4, 2006 - 01:32 AM

Venezuela and Guatemala - both vying for the Latin American non-permanent seat in the UN security council- have agreed to withdraw their bids. The move opens the way for Panama to take the non-permanent seat.

Nearly 50 rounds of voting failed to resolve the contest between Guatemala and Venezuela. The United states had opposed Venezuela's candidacy because of its deteriorating relationship with president Hugo Chavez. Now Guatemala and Venezuela formally endorsed Panama at a meeting of the Latin Amercian group of countries yesterday at the UN.

The agreement is a significant political and personal setback for president Chavez, who had spent eight months travelling the world trying to gain the necessary votes for his country's UN bid. Mr chavez's decision to back down marks a U-turn from this tough stance two weeks ago when he promised that Venezuela would never surrender or negotiate on the issue. Diplomats agree that Chavez's now infamous speech to the UN General Assembly in September, during which he compared president Bush to the devil, damaged his country's standing

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