Brazil Presidente Fernando Henrique Cardoso
was easily reelected to a second four year
term in 1998 becoming the first Brazilian president to take advantage of a 1997
constitutional change allowing the head of state to serve a second term. In the ceremony
for his second four year term at the capital, Brasilia, on Jauary 1, 1999, the 67
year old statesman said following his oath of office:
"I was chosen by the people to continue to build a stable, modern, open and competitive economy. But it doesn't mean much to be the world's eighth largest economy if we continue to be first in inequality. |
For his second term, Cardoso is expected to give more attention to the task of bringing Brazil forward to its deserved prominent place on the global stage.
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