Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Trump picks ex-N. Korea policy official as his principal deputy national security adviser

    Trump picks ex-N. Korea policy official as his principal deputy national security adviser
  2. 2

    First snow to fall in Seoul on Wednesday

    First snow to fall in Seoul on Wednesday
  3. 3

    S. Korea not to attend Sado mine memorial: foreign ministry

    S. Korea not to attend Sado mine memorial: foreign ministry
  4. 4

    Man convicted after binge eating to avoid military service

    Man convicted after binge eating to avoid military service
  5. 5

    Wealthy parents ditch Korean passports to get kids into international school

    Wealthy parents ditch Korean passports to get kids into international school
  1. 6

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
  2. 7

    Toxins at 622 times legal limit found in kids' clothes from Chinese platforms

    Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
  3. 8

    [Weekender] Korea's traditional sauce culture gains global recognition

    [Weekender] Korea's traditional sauce culture gains global recognition
  4. 9

    BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'

    BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
  5. 10

    Korea to hold own memorial for forced labor victims, boycotting Japan’s

    Korea to hold own memorial for forced labor victims, boycotting Japan’s
소아쌤

Minor presidential candidate Kim withdraws from race to support ruling party's Lee

By Kim Young-won

Published : March 2, 2022 - 10:42

    • Link copied

Lee Jae-myung (R), the presidential candidate of the ruling Democratic Party, and Kim Dong-yeon, the presidential nominee of the New Wave Party, hold hands following their meeting at a cafe in Seoul on Tuesday. The two agreed to have policy coalitions for the March 9 presidential election. (Yonhap) Lee Jae-myung (R), the presidential candidate of the ruling Democratic Party, and Kim Dong-yeon, the presidential nominee of the New Wave Party, hold hands following their meeting at a cafe in Seoul on Tuesday. The two agreed to have policy coalitions for the March 9 presidential election. (Yonhap)

Kim Dong-yeon, the presidential candidate of the minor New Wave Party, dropped out of the race Wednesday to support ruling party candidate Lee Jae-myung.

Kim, who served as President Moon Jae-in's first finance minister, announced the withdrawal a day after he reached an agreement with Lee of the ruling Democratic Party to have policy coalitions and operation of a joint government.

"It was not an easy decision for me," Kim said. "Please understand this was a difficult decision aimed at realizing the philosophy and values that we pursue."

The two earlier promised to pursue various political reform measures together, including a revision of the constitution and electoral system.

Kim's withdrawal came as Lee is running neck and neck with Yoon Suk-yeol of the main opposition People Power Party (PPP) at around 40 percent support each in opinion polls.

Recent surveys have shown that Kim has less than 1 percent support. (Yonhap)

More from Headlines