East Timor

New president in East Timor


Preliminary results suggest that Taur Matan Ruak will be named East Timor’s new president. The former guerilla fighter received around 61% in Monday’s second round runoff, whilst Francisco “Lu Olo” Guterres received around 38%. Ruak ran as an independent, but was backed by Prime Minister Xanana Gusmao, himself a former president.

Parliamentary elections will take place on 7th July and if these are also peaceful, it may signal the withdrawal of peacekeeping forces.

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com