The victorious opposition candidate in the Venezuelan Presidential election, Luis Herrera Campins, has been sworn in as President Elect.
Venezuelan President Elect, Luis Herrera Campins greeted by officials and sits at table as head of Supreme Electoral Council, Dr. Carlos Delgado Chapellin walks to microphone
GV Delgado speaking and crowd applauds as he walks back to seat and Herrera walks to microphone
CU Herrera speaking and crowd applauds
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Background: The victorious opposition candidate in the Venezuelan Presidential election, Luis Herrera Campins, has been sworn in as President Elect.
SYNOPSIS: The ceremony took place on Monday (11 December) at the Supreme Electoral Council, in the Venezuelan capital of Caracas. Mr. Herrera beat the incumbent Democratic Action Party candidate, Luis Pinerua Ordaz, by some three percent of the votes cast. Mr. Herrera polled more than 46 percent and Mr. Oinerua 43 percent. The proclamation confirming Mr. Herrera as President-elect was made by the head of the Supreme Electoral Council Dr. Carlos Delgado Chapellin. Eight other candidates split the remaining ten percent of the vote.
Mr. Herrera's Christian Social party is said to have strong connections with the Venezuelan business community, the Roman Catholic Church and the middle class. Observers say there is no wide ideological gulf separating the Christian Social Party and the Democratic Action Party. After Mr. Delgado's proclamation, Mr. Herrera formally accepted his country's mandate.
During his campaign, Mr. Herrera severely criticised the outgoing government for what he described as over-spending of Venezuela's newly acquired wealth from increased petroleum prices. He said his Government would continue to develop the oil industry nationalised by the Perez Government, and that vast public works already under way would be completed.
Soon after the Government conceded defeat, Mr. Herrara said his Government would continue to support the Organisation of Petroleum Exporting Countries (OPEC) and press for carefully handled oil price rises to minimize conflict with industrialised nations.