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Prime Minister Fumio Kishida to Step Down in Fall, Forgoing Sept. LDP Leadership Race: "A First Step Toward Showing a New LDP"
- Writing language: Korean
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Base country: Japan
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Summarized by durumis AI
- Prime Minister Fumio Kishida has announced that he will not run in the September Liberal Democratic Party (LDP) leadership election and will step down from his position as prime minister in the fall.
- During his three years in office, Kishida has addressed the issue of deflation, tackled the declining birthrate, strengthened national defense, and fostered stronger US-Japan relations, while also leading international cooperation, including hosting the G7 Hiroshima Summit.
- Kishida expressed his support for the newly elected leader and stressed the need for the LDP to change and show a new face.
Prime Minister Fumio Kishida announced at a press conference at the Prime Minister's Office on the 14th that he would not run in the Liberal Democratic Party's presidential election in September. The Kishida Cabinet is scheduled to step down in the fall.
At the press conference, Prime Minister Kishida said, "By having a phone conversation with Mongolian Prime Minister Oyun-Erdene yesterday, I was able to complete my diplomatic schedule this summer. After the Chuseok holiday, the movement toward the fall presidential election will begin in earnest." He continued, "In this presidential election, it is necessary for the Liberal Democratic Party to show the people a clear change, a reborn Liberal Democratic Party. To do this, a transparent and open election is essential, and above all, free and active discussions are crucial."
Prime Minister Kishida declared, "The most clear first step to show that the Liberal Democratic Party is changing is for me to step down. I will not run in the upcoming presidential election." He added, "I will support the new leader elected through the presidential election with the same heart as a single soldier."
Prime Minister Kishida explained that as Prime Minister and President, he has worked for three years based on a new capitalism to put an end to the 30-year-long deflationary economy, reviving the spirit of entrepreneurship through government-industry collaboration (官民連携) to raise wages and promote investment, and has shifted energy policy to respond to the surge in electricity demand in the age of artificial intelligence and GX, including carbon pricing, introduction of GX economic transition bonds, restarting nuclear power plants, and installing new innovative nuclear reactors. He also stated that a large-scale child-rearing support package worth 3.6 trillion yen has been implemented to address the serious issue of declining birth rate, and that defense capabilities have been fundamentally strengthened with an investment of 43 trillion yen over five years to address the complexity and challenges of the international community.
Prime Minister Kishida emphasized, "Based on a strong US-Japan relationship, we have led international discussions for cooperation in a fractured international community through the G7 Hiroshima Summit, the NATO Summit, and the Camp David Summit, while also promoting diplomacy in various ways, including improving Japan-South Korea relations and strengthening ties with the Global South." He concluded by saying, "I am proud that we have been able to achieve great results with the cooperation of many people."
