Markets 
NEWYou can now listen to Fox News articles!
The State Department on Tuesday congratulated conservative candidate Keiko Fujimori after she was declared the winner of Peru’s presidential runoff election by a razor-thin margin.
The statement marked a significant milestone in Latin American relations, with Washington signaling it expects to work closely with Fujimori’s administration on shared priorities.
“The United States congratulates President-Elect Keiko Fujimori of Peru on her important electoral victory,” the department said.
“The Trump Administration looks forward to deepening collaboration with the Fujimori Administration to advance security cooperation and to strengthen bilateral cooperation on investment and trade in our region.”
TRUMP ADMIN WARNS PERU IT COULD LOSE SOVEREIGNTY AS CHINA TIGHTENS GRIP ON NATION
Her victory comes as Washington seeks to strengthen ties with pro-market allies in Latin America amid growing Chinese economic influence in the region.
Beijing recently completed the Chancay deepwater port in Peru — a $1.3 billion mega-project that serves as China’s key logistics hub on the Pacific coast.
Fujimori’s tough stance on organized crime also aligns with U.S. efforts to expand regional security and anti-trafficking cooperation.
BIDEN, XI TO MEET ON SATURDAY IN PERU, US OFFICIALS SAY
Fujimori was declared the winner Monday by Peru’s National Office of Electoral Processes (ONPE), the electoral authority responsible for reporting vote count results. The country’s final authority on election matters, the National Jury of Elections (JNE), has yet to issue its official proclamation, according to Reuters.
According to the ONPE, Fujimori secured 50.1% of the vote, winning by fewer than 50,000 votes out of roughly 18 million ballots cast.
Her victory over leftist challenger Roberto Sánchez marks her fourth presidential bid and makes her Peru’s first female president-elect.
The result caps a deeply divisive election cycle in a country that has gone through nine presidents in the past decade.
Fujimori is also the daughter of former Peruvian President Alberto Fujimori, who ruled the country during the 1990s.
TRUMP VICTORY BOOSTS CONSERVATIVES IN LATIN AMERICA, WAKE-UP CALL TO DICTATORS: ‘THERE WILL BE CONSEQUENCES’
Fujimori’s presidency marks a return of her family’s political brand to Peru’s highest office — a movement that has long carried a complicated relationship with the United States.
While Washington once backed her father for his fight against communist guerrillas and economic reforms in the 1990s, the U.S. later condemned his government over the dismantling of democratic institutions and allegations of human rights abuses.
Keiko Fujimori has since spent more than two decades attempting to reshape “Fujimorismo” into a modern conservative, law-and-order political movement.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
Peruvians voted in favor of Fujimori amid a surge in violent crime, extortion and years of political instability.
Fujimori campaigned on an “iron fist” approach to security and a pledge to protect Peru’s free-market economy, while her opponent focused on rural economic grievances.
Reuters contributed to this report.
Read the full article here
