Japan"s PM Abe wins party vote, on track for extewristbands for liftingnded term

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Japanese Prime Minister Shinzo Abe waves to the media upon his arrival at his official residence in Tokyo, Japan Sept 18, 2018.[Photo/Agencies]

TOKYO - Prime Minister Shinzo Abe won a ruling party leadership vote on Thursday, setting him on track to become Japan"s longest-serving premier.

If Abe stays in office through November 2019, he will have exceeded the 2,886 days marked by Taro Katsura in the early 20th century.

The victory on Thursday will also give Abe the opportunity to push for his long-cherished dream of revising Japan"s pacifist Constitution for the first time since it was enacted.

Abe has said last month that the ruling party aims to submit a bill to amend the Constitution in the extraordinary Diet session this autumn.

"I want to tackle constitutional reform together with all of you," Abe told his Liberal Democratic Party after the vote.

First, however, he has the immediate challenge of a likely summit with US President Donald Trump next week, when he will face pressure to cut Japan"s $69 billion surplus with its key ally, nearly two-thirds from auto exports.

Abe must also keep economic growth on track with a dwindling policy tool-kit. After years of heavy money printing, the Bank of Japan has little ammunition left. Japan"s huge public debt and rising social welfare costs for a fast-ageing population also leave Abe with little room to ramp up fiscal spending.

Abe, who surged back to power in 2012 promising to reboot the economy and strengthen defence, defeated former defence minister Shigeru Ishiba in the LDP leadership election.

Abe won 553 votes to Ishiba"s 254. Of the 810 votes up for grabs from LDP parliamentarians and rank-and-file party members, 807 were valid.

Abe is assured the premiership because his LDP-led coalition controls parliament.

Reuters


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