June 17, 2018 / 11:24 PM / 9 months ago

Colombia's Petro accepts defeat, says will not govern 'for now'

Colombian presidential candidate Gustavo Petro greets supporters at the polling station, during the presidential election in Bogota, Colombia June 17, 2018. REUTERS/Nacho Doce

BOGOTA (Reuters) - Leftist candidate Gustavo Petro on Sunday acknowledged his loss to his business-friendly rival Ivan Duque in Colombia’s second-round presidential election.

With 99.9 percent of polling stations counted, Duque comfortably won the ballot with 54.0 percent of votes while Petro, who had pledged to shake up Colombia’s economic model, had 41.8 percent.

“What defeat? Eight million free Colombians taking a stand. There is no defeat here. For now we won’t be the government,” Petro said on Twitter.

Reporting by Julia Symmes Cobb; Editing by Daniel Flynn

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