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Table 2: Calendar of political events Date Event 2016 Sep 26 - Nov 30 (to be extended) Extraordinary Diet session (supplementary budget, TPP, tax-hike delay, casino bill) Nov 15 Japan-Russia trade officials meet (Tokyo) Nov 17 Abe, Trump meet in New York Nov 19-20 Abe, Putin meet at APEC (progress on territorial issue a key public concern) Dec 8 Jul-Sep GDP 2nd preliminary (change to 2008SNA) Outline of FY2017 Tax Reform to be released Dec 15-16 Russia's Putin to visit Abe in Yamaguchi prefecture Dec 24 Cabinet to compile FY17 budget Ordinary Diet session (Jan) 2017 LDP annual convention (Mar 5) Tokyo parliamentary election (summer) 2018 and later Governor Kuroda's term ends (Apr) 2018 Abe's second term as LDP President ends (Sep) Lower House election if no snap election before (Dec) Nationwide local elections (spring) 2019 Upper house election (summer) Consumption tax hike (Oct) 2020 Tokyo Olympics 2021 LDP Presidential term ends Source: BofA Merrill Lynch Global Research Bankof America <2 Merrill Lynch Japan Economics Viewpoint | 18 November 2016-11 HOUSE_OVERSIGHT_014420