In a stunning turn of events, South Korea’s liberal opposition party secured a resounding victory in the country’s parliamentary elections, dealing a blow to President Yoon Suk Yeol’s administration. The main opposition Democratic Party, already in control of the majority, claimed 175 seats in the 300-member parliament, leaving the ruling conservative People Power Party with just 108 seats, further diminishing their influence. This outcome, coupled with a record 67% voter turnout, reflects a significant shift in public sentiment and challenges President Yoon’s leadership for the remainder of his term.
President Yoon’s approval ratings, lingering below 40% throughout his tenure, have been beset by a series of challenges, including surging food prices, a healthcare crisis, and allegations of corruption and erosion of press freedoms. The election results, widely regarded as a referendum on his leadership, have prompted Yoon and his top aides to offer resignations in acknowledgment of the people’s will. With the opposition party’s increased power, President Yoon faces mounting pressure to reform his administration and collaborate with rival leaders to navigate key policy issues, such as medical reform and gender equality abolishment.
The diminished authority of the ruling People Power Party limits President Yoon’s ability to advance his agenda and navigate foreign policy initiatives, particularly in relations with Japan. As the new parliament prepares to commence, the election outcome sets the stage for a changed political landscape, as President Yoon must adapt to a more emboldened opposition and recalibrate his approach to governance amidst evolving domestic and international challenges.