Peru’s Sanchez Concedes Race to Fujimori After Election Board Ruling

LIMA — Peruvian leftist presidential candidate Roberto Sanchez formally stepped aside Monday, acknowledging conservative Keiko Fujimori as the winner of Peru’s presidential election — several days after the country’s electoral authorities made their official declaration.

Sanchez and his political party released a joint statement Monday saying they “recognized that the National Elections Board had officially proclaimed the electoral results.” According to the final vote count, Fujimori received 50.135% of the vote in the June 7 runoff election.