TOKYO, Japan (CNN) -- Japanese voters are at the polls Sunday in what is expected to be a tough contest for incumbent Prime Minister Junichiro Koizumi who is facing a public critical of his Iraq policy and pension reforms.
His Liberal Democratic Party needs to win 51 seats in the Upper House elections to consolidate power. If not, he faces a revolt from within his own party.
Koizumi was voted in 3 years ago on a wave of popularity with a whopping 80 percent approval rating.
Now he is struggling and his ratings have plunged to just 40 percent after he decided to keep Japanese troops in Iraq. ...End of Paste...
This election is very important to the U.S. in that if Koizumi does poorly in the election, Japan may pull its troops out of Iraq.
While this may seem to be of little importance to beef producers, the timing of an announcement on Japan opening its border to U.S. beef and by default the timing of an announcement on the U.S. border opening its border to Canadian live cattle has been influenced by the timining of this election. Depending upon the outcome of the election we may see some important announcements in early August on Japan resuming trade in beef with the U.S. Other countries would likely follow Japan's lead opening the way for the U.S. to accept more imports from Canada.
His Liberal Democratic Party needs to win 51 seats in the Upper House elections to consolidate power. If not, he faces a revolt from within his own party.
Koizumi was voted in 3 years ago on a wave of popularity with a whopping 80 percent approval rating.
Now he is struggling and his ratings have plunged to just 40 percent after he decided to keep Japanese troops in Iraq. ...End of Paste...
This election is very important to the U.S. in that if Koizumi does poorly in the election, Japan may pull its troops out of Iraq.
While this may seem to be of little importance to beef producers, the timing of an announcement on Japan opening its border to U.S. beef and by default the timing of an announcement on the U.S. border opening its border to Canadian live cattle has been influenced by the timining of this election. Depending upon the outcome of the election we may see some important announcements in early August on Japan resuming trade in beef with the U.S. Other countries would likely follow Japan's lead opening the way for the U.S. to accept more imports from Canada.
Comment