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The new president will also have to tackle a deepening economic downturn and manage tariff negotiations with the US, which has imposed a 25 percent levy on key exports such as steel, aluminium and automobiles.Here’s what you need to know about the June 3 poll:
Who are the candidates?There are five candidates on the ballot, but the main contenders areof the opposition Democratic Party of Korea (DP), and
of the governing conservative People Power Party (PPP).Who is expected to win?
Lee, 61, a human rights lawyer-turned-politician, is the clear frontrunner.
A Gallup Korea poll on May 28 showed 49 percent of respondents favoured the liberal candidate, while 36 percent said they would vote for Kim, 73, a staunch conservative who served as labour minister in Yoon’s government.Yoon’s martial law bid, however, has left the PPP in crisis and
Infighting plagued the embattled party as it tried to choose the impeached president’s successor. Although Kim won the party primary, its leaders tried to replace him with former Prime Minister Han Duck-soo. On the eve of the party’s campaign launch, they cancelled Kim’s candidacy, only to reinstate him after party members opposed the move.Bong, at Yonsei University, said the infighting as well as divisions in the conservative camp over Yoon’s decree has cost it support.
“Kim Moon-soo has not set his position clearly on the martial law declaration,” Bong said. “He has not distanced himself from the legacy of Yoon, but at the same time, he has not made it clear whether he believes the declaration of martial law was a violation of the constitution. So the PPP has not really had enough energy to mobilise its support bases.”Still, Kim appears to have eroded what was a more than 20 percent point gap with Lee at the start of the campaign.