HomeVideosWorldFumio Kishida all set to become Japan's new PM, succeeding Yoshihide Suga

Fumio Kishida all set to become Japan’s new PM, succeeding Yoshihide Suga

Tokyo: Former Japan Foreign Minister Fumio Kishida has won the governing party leadership election and is set to become the Asian economic giant’s next prime minister. Kishida replaces the party’s outgoing leader, Prime Minister Yoshihide Suga, who is stepping down after serving only one year since taking office last September.

As the new leader of the Liberal Democratic Party, Kishida is set to be elected the next prime minister on Monday in parliament, where his party and coalition partners control the house.

Kishida defeated Vaccination Minister Taro Kono in a runoff, after leading two female candidates Sane Takachi and Seiko Noda in the first round.

Kishida – A Consensus Maker

A former banker from Hiroshima, Kishida led Japan’s effort to realize US President Barack Obama’s 2016 visit to the historic city that was devastated by US bombings seven decades ago. When asked about his leadership style, 64-year-old Kishida said last month that building a bottom-up consensus in politics is as important as a top-down approach.

He now leads the LDP in the general election to be held in November.

Here are some of Kishida’s positions on key policies –

Economy

Kishida had said that fiscal consolidation would be a key pillar of the policy if he was to become a leader. He also cast doubt on the Bank of Japan’s over-lax policy in 2018, saying the stimulus could not last forever.

With the economy battered by the pandemic, Kishida reversed course to say the BOJ should maintain its massive stimulus.

He proposed a spending package of more than 30 trillion yen, and said that Japan would likely not raise the sales tax rate by 10% for “about a decade”.

“Financial recovery is the direction we ultimately need to move in, although we will not seek to fill Japan’s deficit with immediate tax hikes,” he said on Saturday.

He also stressed the need to distribute more wealth to households, in the hopes that the gains would be reduced for those making profits, in contrast to the focus of former Prime Minister Shinzo Abe’s “Abenomics” policies.

diplomacy, security

Kishida believes that Japan should take a firm stand against the increasing persistence of authoritarian regimes such as China, in collaboration with the United States and other like-minded countries.

“To protect universal values ​​such as freedom, democracy, rule of law and human rights, we need to resolutely say what to say in the face of expanding authoritarian regimes such as China, cooperating with countries that share such values. should,” he said this month.

Kishida plans to increase the Coast Guard’s capability as Japan remains at loggerheads with China over the sovereignty of the small East China Sea group of islands.

Kishida supports passing a parliamentary resolution condemning China’s treatment of members of the Uyghur minority and wants to appoint a prime ministerial aide to oversee their human rights situation. China denies allegations of abuse.

Kishida sees gaining the capability to strike enemy positions as a viable option, as North Korea advances its nuclear and missile programs.

He welcomes Taiwan’s bid to join a free trade agreement called the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership, whose members include Australia, Canada, Japan and New Zealand.

energy, climate change

The 2011 Fukushima nuclear disaster severely damaged public confidence in nuclear power, but Kishida believes it should remain an energy option to ensure stable and affordable electricity.

Japan is striving to meet its goal of becoming carbon neutral by 2050 and a drastic reduction in fossil fuel-based electricity generation is inevitable.

He said recently, “I think renewable energy is important. But when I think about whether it’s good enough to rely solely on renewable energy, I believe we need hydrogen, small nuclear facilities.” And other options like nuclear fusion will have to be developed.”

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