Results, reax as Pinera wins elex; presser

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• published: 24 Jul 2015
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1. Chilean President-elect Sebastian Pinera walking to outdoor news conference 2. Pinera greeting supporters 3. Pinera in news conference 4. SOUNDBITE: (Spanish) Sebastian Pinera, Chile''s President-elect: "It''s a modification that looks to end the 10 percent discount of Codelco''s gross profits to finance our armed forces. The idea is to replace this system with a stable and adequate financing system that is part of our national budget." 5. Cutaway of journalist 6. Journalist asking question 7. SOUNDBITE: (Spanish) Sebastian Pinera, Chile''s President-elect "Chile has signed international agreements that establish that certain crimes against humanity are unproscribable and do not qualify under any amnesty. Chile has always respected international agreements and it respects its own laws and that will continue to be the case during our government." 8. Various of journalists 9. SOUNDBITE: (Spanish) Sebastian Pinera, Chile''s President-elect: "I have many differences with the way public issues are being handled in Venezuela and I must say those differences are deeply rooted and have to do with the way democracy and the economic model are conceived of there." 10. Pinera leaving 11. Pinera and wife shaking hands with President Michelle Bachelet 12. Various of newspaper headlines 13. Local resident Jean Vazquez looking at newspaper headlines 14. SOUNDBITE (Spanish) Jean Vazquez, Vox Pop: "I don''t like him, I never liked him. Pinera is very indecisive, he doesn''t know to which side he is going. He is not a person who has a clear political colour." 15. Local residents walking on street STORYLINE: President-elect Sebastian Pinera has said he plans major changes for Chile''s state copper giant Codelco to bring in fresh capital and boost its productivity. But the pro-free market businessman said on Monday Codelco will remain a state company during his government and any private participation would require constitutional reform as well as broad agreement from Chileans. At the start of his election campaign, Pinera had proposed selling up to 20 percent of Codelco, a move sure to generate resistance from powerful mining unions. Pinera, who beat former President Eduardo Frei in Sunday''s presidential runoff, said he will press forward with plans to revoke a law requiring that 10 percent of Codelco''s sales go to the armed forces. He said the fresh capital would come from the state as well as from the elimination of the quota reserved for the armed forces. "The idea is to replace this system with a stable and adequate financing system that is part of our national budget," Pinera told a news conference on Monday. The money is needed to increase exploration, extract known reserves and improve technology. He said he is studying possible changes to the mining royalties paid by private mine companies in Chile. Codelco last year produced 1.55 (m) million metric tons of copper, or about four percent of world output. Pinera''s election victory on Sunday night ends two decades of uninterrupted rule by the centre-left coalition, and returns to power the same political parties that provided civic support for Augusto Pinochet''s brutal 1973-1990 dictatorship. That legacy alone is bound to complicate relations with Argentina, whose leader has made prosecuting human rights violators a centre piece of her presidency, and Uruguay, which just elected a former leftist guerrilla as its president. According to Pinera''s campaign web site, his foreign policy goals include peacefully resolving conflicts, reaching strategic accords and promoting Latin American integration while protecting Chile''s sovereignty and national identity. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/9a15c170a618ba06e723b71da5b59be8 Find out more about AP Archive: http://www.aparchive.com/HowWeWork