Li Jay Mun’s opposition party leader is in the election because South Korea votes for the new president

The leader of the South Korean opposition party, Li Jay Mun, will win the country’s presidential election on Wednesday, reports A Gallup Cited Yonhap poll.

The electoral victory for the candidate for the Democratic Party would make him become the next leader of the country after the President Yun Suka Yeola’s president and determine the trajectory of South Korea’s trade negotiations from the United States and politics in China and North Korea.

Yon was impeachment Following his short -term martial law in December last year and was Removed from the office According to the Constitutional Court of the country in April. This caused the presidential election.

Lee, who lost the young on a thin razor in 2022 presidential electionCurrently, it contains significant leadership in views. The Gallup poll reported that 49% of respondents spoke in favor of being president.

This is compared to 35%, recruited by the closest competitor, by Kim Mong Saccs of the Party of Power Conservative Power, from which the former President Yon was.

Lee’s suitability raised doubts after being charged with violation of the election law, but the final ruling in the case was was postponed before the election According to the Supreme Court of South Korea.

This opinion is repeated by firms such as the Eurosia group, which stated that May 27 noted that Lee is a “clear favorite” to win the election, given the chances of winning 80%.

Eurasia stated that, while he had moved his position to the political center, seeking to attract independent and centrist votes, he would probably continue his left agenda.

“Key observation points include the size of the second additional budget and the approach to the US tariff talks,” the firm added.

Eurasia predicts that if Lee is elected, it will fight the double problems of the South Korean economy and the completion of the “package” of the US agreement until July.

“However, he gave the sign of the desire to move slower in the negotiations with Washington and most likely will seek to agree on the Korea agreement against the terms and terms that regain other countries, including Japan, before the agreement is completed,” Eurasia noted.

Lee had As reported, said May 25 that the term for tariff talks with the US should be extended. By July 8, Seoul and Washington agreed to make a package of tariff transactions.

In a note on May 27, Goldman Sachs also noted that both, and Lee, and DP, share similarities for their own purposes, including economic growth, stable financial markets and improving housing availability.

However, some key differences, Goldman notes, are in their economic policy platforms on how to promote growth.

“Mr. Lee is in favor of fiscal support for the strategic industry, while Mr. Kim prefers the revival of private entrepreneurship through de -deregulation and reducing taxes. Mr. Lee seeks to expand the markets through management reforms, while Mr.

Goldman estimated that fiscal policy is the use of public spending and taxation to influence the economy – it is likely to be more expansive than at anyone, and that the Bank’s Country Policy is likely to partially compensate for fiscal policy.

In Boko was Recently reduced rates last week to The lowest level since August 2022, saying that it expects economic growth to “significantly decline”.

Regardless of the election results, the South Korean victory is likely to estimate the US dollar to reduce the uncertainty policy after the formation of a new government and the broad weakness of USD against Asian currencies, “Goldman added.