Pinera sworn in for second term as Chile's president

Monday, 2018-03-12 07:00:40
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Chile's new President Sebastian Pinera waves during his inauguration ceremony at the headquarters of the National Congress, in Valparaiso, Chile, on March 11, 2018. (Photo:Xinhua)
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Businessman-turned politician Sebastian Pinera was sworn in as Chile's president on March 11, 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.

Following the ceremony, Bachelet and her cabinet left the venue to rounds of applause.