Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Ador CEO denies allegations, accuses Hybe of mistreating NewJeans

    Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
  2. 2

    Medical reform committee kicks off despite boycott from doctors

    Medical reform committee kicks off despite boycott from doctors
  3. 3

    10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification

    10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
  4. 4

    DP leader says he will meet Yoon without conditions

    DP leader says he will meet Yoon without conditions
  5. 5

    Over 9,000 hotline calls made by stalking victims in 2023

    Over 9,000 hotline calls made by stalking victims in 2023
  1. 6

    [Hello India] Hyundai Motor vows to boost 'clean mobility' in India

    [Hello India] Hyundai Motor vows to boost 'clean mobility' in India
  2. 7

    Monthly users on local streaming platforms outpace Netflix, Disney+

    Monthly users on local streaming platforms outpace Netflix, Disney+
  3. 8

    US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell

    US will take steps for three-way engagement on nuclear deterrence with S. Korea, Japan: Campbell
  4. 9

    Seoul to promote luxurious side of the city

    Seoul to promote luxurious side of the city
  5. 10

    Second Gimpo civil servant found dead, after apologizing for not finishing work

    Second Gimpo civil servant found dead, after apologizing for not finishing work
지나쌤

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