Overview
- The June 3 snap presidential election was triggered by former President Yoon Suk Yeol’s impeachment following his martial law attempt in December 2024.
- Democratic Party candidate Lee Jae-myung holds a commanding lead with approximately 50% support in recent polls, ahead of Kim Moon-soo (PPP) and Lee Jun-seok (New Reform Party).
- Candidates launched their campaigns with economic pledges emphasizing AI investment, deregulation, and reshoring to address South Korea’s economic challenges.
- Lee Jae-myung is targeting centrist and disillusioned conservative voters in southeastern regions, while Kim Moon-soo is consolidating support among traditional conservative bases.
- The Democratic Party announced plans to report Kim Moon-soo for alleged illegal fundraising through YouTube’s Super Chat feature, intensifying legal and political tensions in the race.