SEOUL (BLOOMBERG) - South Korea's ruling Democratic Party picked Lee Nak-yon as its new leader Saturday, paving the way for a possible bid by the former prime minister in the 2022 presidential election.. Read more at straitstimes.com.
SEOUL - South Korea's ruling Democratic Party picked Lee Nak-yon as its new leader Saturday, paving the way for a possible bid by the former prime minister in the 2022 presidential election.
The new party leader said in his campaign speech that that he would"succeed and develop" the policies of President Moon Jae-in's administration. One of his main rivals in the presidential election is Lee Jae-myung, governor of Gyeonggi province, who didn't run for party leadership and has been critical of the government.
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