Shinzo Abe Current Affairs - 2020

Yoshihide Suga to succeed Shinzo Abe as Prime Minister of Japan

On September 16, 2020, Yoshihide Suga was elected as the new prime minister of Japan after Shinzo Abe resigned. Background The longest serving Prime Minister of Japan, Shinzo Abe resigned in August 2020 due to health reasons. He was first elected to the Diet of Japan in 1996. Diet of Japan Diet is the bicameral Read More…

Japan’s longest serving Prime Minister Shinzo Abe resigns

On August 28, 2020, the longest serving Prime Minister of Japan Shinzo Abe resigned due to health issues. He was suffering from ulcerative colitis. Shinzo Abe Shinzo Abe is the longest serving Prime Minister in the history of Japan. He served from 2006-2007 and also from 2012-2020. It was Abe who introduced the concept of Read More…

Sister City Partnership: LoI shared between Ahmedabad and Kobe

A Letter of Intent (LoI) was exchanged between Ahmedabad and Japanese city of Kobe for a sister city partnership. The LoI was exchanged in presence of Indian Prime Minister Narendra Modi, who visited Kobe to address a large Indian diaspora event. Key Highlights Authorities from Japanese city of Kobe exchanged Letter of Intent (LoI) with Read More…

Cabinet approves Currency Swap Agreement with Japan

The Union Cabinet has approved India’s Currency Swap Agreement with Japan. The $75-billion bilateral currency swap arrangement is a milestone in mutual economic cooperation and special strategic and global partnership between two countries. Currency Swap Agreements A Currency swap agreement is a foreign exchange agreement between two parties to exchange a given amount of one currency for Read More…

Japan adopts economic plan to allow more foreign workers

Japan’s Cabinet has adopted an economic plan that will allow more foreign workers to work in the country. This proposal will help rapidly aging country to make up for its declining workforce. In recent times, number of foreign workers in Japan has nearly doubled to 1.28 million. Key Facts Under the plan, Japan will relax Read More…