New party seeks to capture disillusioned voters from major parties, but doubts about the new entity’s longevity remain
Four minor opposition political parties have decided to merge to form the New Reform Party ahead of the April general elections. The new party, set to be co-led by former Prime Minister and Democratic Party (DP) leader Lee Nak-yon and former People Power Party (PPP) leader Lee Jun-seok, aims to present a unified front in the upcoming parliamentary elections. Lee Nak-yon will also head the party’s election preparation committee, with an official merger ceremony scheduled after the Lunar New Year holiday.
The choice of naming the new entity the New Reform Party, a name representing Lee Jun-seok’s new party, suggests that other factions have made significant concessions for the political merger, highlighting an urgency to consolidate with parliamentary elections just around the corner.
Four minor opposition political parties have decided to merge to form the New Reform Party ahead of the April general elections. The new party, set to be co-led by former Prime Minister and Democratic Party (DP) leader Lee Nak-yon and former People Power Party (PPP) leader Lee Jun-seok, aims to present a unified front in the upcoming parliamentary elections. Lee Nak-yon will also head the party’s election preparation committee, with an official merger ceremony scheduled after the Lunar New Year holiday.
The choice of naming the new entity the New Reform Party, a name representing Lee Jun-seok’s new party, suggests that other factions have made significant concessions for the political merger, highlighting an urgency to consolidate with parliamentary elections just around the corner.
Get 30 days
of free access to
KoreaPro
Full access to all analysis
The KOREA PRO newsletter, every business day
Daily analysis on the top story of the day
The ability to suggest topics for coverage by our specialist team
Be smart about South Korea
Get full access to expert analysis and opinion.
Start now
No charges during your trial. Cancel anytime. A paid subscription will start after 30 days.
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.