Deputy Prime Minister-cum-Finance Minister-cum-Minister of Financial Services Taro Aso, who is a former prime minister, grandson of the legendary Shigeru Yoshida, and related by his sister’s marriage to the imperial family, is increasingly becoming an international laughingstock and a political embarrassment to the Abe administration. After his latest gaffe, there is widespread speculation that Abe will simply dump him from the cabinet in the reshuffle expected next month.
After about a year of hanging about in the background, the issue of Japan’s participation in Trans-Pacific Partnership (TPP) negotiations was suddenly thrust back into the front rank of political debate. Prime Minister Yoshihiko Noda has been in favor of Japan’s participation in TPP negotiations all along, as was his predecessor Naoto Kan. However, it appears that Noda decided to soft-pedal the matter late last year as he faced the daunting challenge of raising the national consumption tax, a divisive issue within the ruling party that he saw as the bigger priority.