People pass by as Japan's Prime Minister, Shinzo Abe, is displayed on a giant television screen during a press conference in which he announced his resignation on August 28, 2020 in Tokyo, Japan Shinzo Abe, Japan’s longest-serving prime minister, announces resignationJapan’s stocks slide on news of Prime Minister Shinzo Abe’s resignation‘Unacceptable’: Japan FURIOUS with South Korea over statue allegedly depicting PM Abe ‘kneeling & apologizing’ for WWII-era crimes

Here, PM Abe may have an important role as a senior statesman, after he recovers from his illness, in guiding the new PM and political leaders to navigate the geopolitical uncertainty in a post-Abe world.The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.© Autonomous Nonprofit Organization “TV-Novosti”, 2005–2020. At the domestic level, there was initial success with Abenomics, Womenomics (Abe’s effort to increase female participation in the country’s economics in order to benefit the economy as a whole) and some structural reform but ultimately, he could not translate his political capital into the required structure reform necessary to transform Japan. The Lowy Institute’s Asia Power Index has deemed JapanSimilarly, under Abe’s leadership, Japan’s developmental aid to Southeast Asia and the frequent visits of Abe to the region have accrued Japan with the highest degree of trust among regional and extra-regional states according to the State of Southeast Asia 2020Coming into office in December 2012, Abe inherited a severely damaged Sino-Japanese relationship in the wake of the Democratic Party of Japan’s nationalization of the Senkaku Islands. People pass by as Japan Prime Minister Shinzo Abe is displayed on a giant television screen during a press conference in which he announced his resignation on Aug. 28, 2020 in Tokyo. — AFP pic. Home; World; Japanese PM Abe resigns over worsening health.

Surprisingly, Abe resuscitated the relation to a functional (yet highly dysfunctional) relationship culminating in the now postponed state visit by President Xi Jinping in late March 2020.Abe’s diplomatic efforts were set to result in the so-called 5th political document, a document that was meant to frame the tone and nature of bilateral relations for the next decade. The sudden departure of Shinzo Abe from the post of Japan’s prime minister leaves behind a legacy of several strong starts, both at home and abroad, as well as a few downturns. Friday, 28 Aug 2020 04:21 PM MYT. He quickly pivoted after Trump's rejection of the Trans-Pacific Partnership (TPP) to sign and deliver a series of consequential agreements with Western partners other than the US, such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Japan-EU Economic Partnership Agreement, and the Partnership on Sustainable Connectivity and Quality Infrastructure between the European Union and Japan. The selling wiped US$4.7 billion (RM19.6 billion) off Tokyo’s US$5.7 trillion stock market value, which had more than doubled during Abe’s tenure.The resignation will trigger a leadership race in the ruling Liberal Democratic Party (LDP) — most likely in two or three weeks — and the winner must be formally elected in parliament. All rights reserved. He did various diplomatic negotiations and I think the pros outweighed the cons.”Abe’s resignation also comes amid an uncertain geopolitical environment, including an intensifying confrontation between the United States and China and ahead of the US presidential election in November.The conservative Abe returned as prime minister for a rare second term in December 2012, pledging to revive growth with his “Abenomics” mix of hyper-easy monetary policy, fiscal spending and reforms. Abe, 65, is the longest-serving prime minister in Japanese history, having assumed office in 2012.

Others argue that the stress of the past six months (and eight years) have taken a heavy toll on Abe and so he saw a rapid deterioration in his health.What is clear is that he will have a mixed legacy. ABE Provider Login Community Partner Registration Help; Print : Session Time Out Page. The Moon administration effectively killed the agreement by shutting down a Japanese-funded foundation that was supposed to support the former ‘comfort women.’ It is also threatening to withdraw from the General Security of Military Information Agreement (GSOMIA) intelligence-sharing agreement, and the South Korean Supreme Court has ruled that Nissan Steel must compensate wartime forced labor.

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