(25 May 2011) SHOTLIST
1. Mexican Finance Minister Ernesto Cordero Arroyo arriving for briefing at Organisation for Economic Cooperation and Development (OECD)
2. Mid of Ernesto Cordero Arroyo
3. Wide of briefing
4. SOUNDBITE (Spanish) Ernesto Cordero Arroyo, Mexican Finance Minister:
"The Mexican government supports the candidacy of Agustin Carstens but we recognise as well that the French finance minister has enough qualities to run the IMF. With no doubt, we consider that the Governor of the Mexico Central Bank is the right person for the job."
5.Cutaway logo of OECD 50th anniversary
6. SOUNDBITE (English) Ernesto Cordero Arroyo, Mexican Finance Minister:
"I think that that both candidacies are very credible, are very serious, they are very good both of them, and certainly in the case of Mexico we are convinced that Agustin could be a better one. Certainly the process so far has been open and transparent, and that's what we are pursuing."
7. Christine Lagarde leaving the OECD headquarter after her lunch there, saying again to reporter UPSOUND (French) "We had a great lunch. I am enthusiastic and confident."
STORYLINE
Mexico's Finance Minister backed on Wednesday the candidacy of Agustin Carstens, the governor of the Mexican Central Bank for the post of the head of the International Monetary Fund.
Ernesto Cordero Arroyo's comments came at a Paris news conference on the day that French Finance Minister Christine Lagarde launched her bid to lead the IMF.
Arroyo is at an Organisation for Economic Cooperation and Development confence to mark the 50th anniversary of the international institution.
Arroyo said "we consider that the Governor of the Mexico Central Bank is the right person for the job."
Speaking in Mexico City on Tuesday, Carstens said he had the necessary qualifications as governor of Banco de Mexico and as a former IMF executive to do the job as managing director of the IMF.
Carstens served as Executive Director at the IMF as representative of Mexico, Venezuela, Central America and Spain, in 1999-2000.
The post of the head of the IMF is traditionally held by a European while the head of the World Bank is usually an American.
Carstens said his nationality should not be an impediment to reaching the top post of the IMF.
Lagarde launched her bid on Wednesday, a candidacy that would put the first woman in charge of the fund but increases tensions with developing nations who want one of their own as head.
The IMF's last managing director, Dominique Strauss-Kahn, resigned last week after he was charged with sexually assaulting a New York hotel maid.
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