06:01
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OTTAWA (Reuters)-Canada and Australia is supporting Augustin Carstens of Mexico at the head of the International Monetary Fund, said in a joint statement on Friday in an apparent attempt at the end of the traditional block of Europe on the position.
Carstens, currently Governor of the Central Bank in Mexico, is competing for the job with French Finance Minister Christine Lagarde.
"Previous experience of Augustin Carstens in IMF, combined with his background as Finance Minister of Mexico and his current position of the Mexican Central Bank Governor, equip him well to understand and resolve, on a collaborative and supportive with IMF member countries, the challenges of the global economy," said a statement from Canada and Australia, published by Ottawa.
"Consequently, after due consideration the candidates and the selection criteria, we decided to support him for the post of IMF Managing Director."
The two Governments said Carstens were both Lagarde "highly credible".
(Reporting by Louise Egan; editing by Rob Wilson)
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