IDB recognizes Venezuela representative designated by Guaido

National Assembly President Juan Guaido greets supporters as he arrives to meet with residents in the Hatillo municipality of Caracas, Venezuela, Thur

National Assembly President Juan Guaido greets supporters as he arrives to meet with residents in the Hatillo municipality of Caracas, Venezuela, Thur

National Assembly President Juan Guaido, delivers a speech during a meeting with residents in the Hatillo municipality of Caracas, Venezuela, Thursday

National Assembly President Juan Guaido, delivers a speech during a meeting with residents in the Hatillo municipality of Caracas, Venezuela, Thursday

WASHINGTON (AP) — Inter-American Development Bank governors have approved a resolution recognizing a new Venezuela representative designated by opposition leader Juan Guaido.

The IDB said in a press release Friday that the designation of Ricardo Hausmann as Venezuela's representative to the lender is effective immediately.

The electronic voting on the resolution will be open until Friday evening, but by mid-morning there were already a sufficient number of votes to make a quorum.

IDB was the first international financial organization to recognize Guaido as the legitimate president of the South American country, a stand taken by the U.S. and about 50 other countries that contend Maduro's re-election last year was rigged.