OREANDA-NEWS. Former Japanese Foreign Minister Fumio Kishida was elected the new chairman of the country's ruling Liberal Democratic Party (LDP) on Wednesday, September 29. This means that already presumably on October 4, the lower house of parliament in Tokyo, where the majority belongs to the LDP, will elect Kishida and the new prime minister of Japan.

64-year-old Fumio Kishida was elected chairman of the LDP in the second round of voting, defeating another former Japanese Interior Minister Taro Kono.

The current Prime Minister of Japan, Yoshihide Suga, announced his resignation amid the crisis caused by the coronavirus pandemic, after just a year as head of government. His successor Fumio Kishida will have to quickly improve the shaken image of his party, since elections to the lower house of parliament are coming in November in Japan.

Earlier it was reported that Japanese securities rose to the heights of the early 1990s on the eve of the upcoming elections of the new head of the ruling Liberal Democratic Party in Japan and the new prime minister of the country. This was reported by the Nikkei Asian Review on September 27 on the official website.