Is South Korea's People Power Party Set to Replace Its Presidential Candidate?

Synopsis
In a surprising turn of events, South Korea's People Power Party is set to replace its presidential candidate. Following failed merger talks between Kim Moon-soo and Han Duck-soo, the party initiates an emergency process. This pivotal moment could shape the upcoming elections as conservative unity hangs in the balance.
Key Takeaways
- People Power Party initiates process to replace its presidential candidate.
- Merger talks between Kim Moon-soo and Han Duck-soo failed.
- Concerns grow over conservative chances in upcoming elections.
- Party to finalize decisions and hold votes among members.
- Election deadline approaches for candidate registration.
Seoul, May 10 (NationPress) The conservative People Power Party (PPP) initiated an extraordinary process on Saturday to substitute its presidential candidate after discussions aimed at merging the candidacies of its nominee, Kim Moon-soo, and former Prime Minister Han Duck-soo fell through the day before.
The party assembled an emergency committee alongside an election management group to deliberate on the potential cancellation of Kim's candidacy, Han's membership, and other pertinent matters, as reported by Yonhap news agency.
This initiative arose from concerns that a failure to unify their candidacies amidst escalating divides within the conservative faction could further jeopardize their chances in the upcoming June 3 presidential election, particularly as Lee Jae-myung, the candidate from the liberal Democratic Party, continues to extend his lead.
Once the PPP finalizes its resolutions on crucial electoral matters, it plans to conduct a voting session among all party members. Subsequently, the ultimate candidate will be announced at a national committee meeting scheduled for Sunday, which is the deadline for a candidate to register with the state election committee.
In seeking a candidate replacement, the party invoked a clause from its governing laws, allowing for a decision regarding the presidential candidate election through an emergency committee when there are “considerable” reasons.
The PPP’s move towards selecting a new candidate coincided with Kim's shift away from his earlier commitment to a unified candidacy.
During the nomination process, Kim had consistently expressed his desire to quickly consolidate candidacies with Han if Han chose to run for president independently. However, his stance changed after he was officially designated as the party’s presidential candidate last Saturday.
The party leadership pressured Kim to follow through on his commitment to unify candidacies before Sunday, but Kim maintained that he would pursue this through an opinion poll set for May 15-16.
In several opinion surveys, Han has consistently outperformed Kim. In the latest National Barometer Survey, Lee received 43 percent support, followed by Han with 23 percent and Kim with just 12 percent.
On Friday, a Seoul court dismissed Kim's challenge against the party leadership's push to merge his campaign with Han's, while PPP lawmakers granted full authority to the party leadership to potentially choose a new presidential candidate.