New Reform Party (South Korea)

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New Reform Party
개혁신당
LeaderLee Jun-seok
Floor LeaderYang Hyang-ja
FounderLee Jun-seok
Founded20 January 2024
Split fromPeople Power Party
Democratic Party of Korea (anti-Lee Jae-myung reformist faction)
Membership57,447[1]
Colours  Orange
Slogan한국의 희망
(Hope of Korea)
National Assembly
3 / 300
Metropolitan Mayors and Governors
0 / 17
Municipal Mayors
0 / 226
Provincial and Metropolitan Councillors
2 / 872
Municipal Councillors
3 / 2,988
Website
rallypoint.kr
Reform Party
Hangul
Hanja
Revised RomanizationGaehyeok Sindang
McCune–ReischauerKaehyŏk Sindang

The New Reform Party (Korean개혁신당; lit. New Party for Reform) is a South Korean political party jointly led by Lee Jun-seok, the former leader of the People Power Party (PPP). While initially founded by Lee Jun-seok as a conservative party after his split from the PPP, it has subsequently merged with various parties and factions led by politicians formerly affiliated with the Democratic Party of Korea (DPK) and Justice Party.

History[edit]

The founding congress of the New Reform Party was held on 20 January 2024.[2] At the founding congress, the intention was emphasized to create a "third force", which would include the New Reform Party, to oppose the Democratic Party and the PPP. The new party expressed its readiness to create coalitions.[3] The party is led by former People Power Party leader Lee Jun-seok and the conservative Kim Yong-nam is the party's policy committee chief.[3]

On 24 January 2024, Yang Hyang-ja's Hope of Korea merged into the New Reform Party ahead of the April 10 parliamentary election.[4] On February 9, it was announced that the party, along with New Future Party led by Lee Nak-yon, would merge to create the New Reform Party, with the new party being led by Lee Jun-seok and Lee Nak-yon.[5]

On 20 February 2024, Lee Nak-yon and his New Future Party announced their withdrawal from the merger with the New Reform Party. Kim Jong-min, an assemblyman close to Lee, also left the party to rejoin Lee's New Future Party.[6]

Ideology[edit]

Initially, the New Reform Party mainly consisted of moderate conservatives centred around Lee Jun-seok, joined by centrists formerly affiliated with the Bareunmirae Party.[7] However, after consecutive mergers with other parties and factions, it has morphed into a big tent party composed of members from different backgrounds.

Because its various factions were merged to form a centrist block ahead of the 2024 South Korean parliamentary elections, party members remain divided along ideological lines.[8]

Election results[edit]

Election Leader Constituency Party list Seats Position Status
Votes % Seats +/- Votes % Seats +/- No. +/–
2024 Lee Jun-seok 195,147 0.68 New
1 / 254
1,025,775 3.62 New
2 / 46
3 / 300
New 4th Opposition

References[edit]

  1. ^ "개혁 신당 트렌드 전광판". 개혁 신당 트렌드 전광판. Retrieved 2024-03-26.
  2. ^ "New political party launched in S.Korea ahead of April's general election | NHK WORLD-JAPAN News". NHK WORLD. Retrieved 2024-02-14.
  3. ^ a b "New Reform Party Launches with Former PPP Chief Lee Jun-seok as its Chief". world.kbs.co.kr. Retrieved 2024-02-14.
  4. ^ "이준석 개혁신당-양향자 한국의희망 '합당'…제3지대 연대 본격화". The Dong-a Ilbo (in Korean). 2024-01-24. Retrieved 2024-02-14.
  5. ^ Yonhap (2024-02-09). "Smaller political powers agree to merge into new party ahead of general elections". The Korea Herald. Retrieved 2024-02-14.
  6. ^ "[바로이뉴스] "다시 새로운미래로 돌아간다"…11일 만에 결별 선언한 이낙연". 언론사 뷰. Retrieved 2024-02-21.
  7. ^ "여야 정치인 12명, 5일 개혁신당 합류…지원사격 나선 양향자". 서울경제 (in Korean). 2024-01-04. Retrieved 2024-02-14.
  8. ^ "Doubts remain over 'big tent' party's ability to work together". The Korea Times. 2024-02-12. Retrieved 2024-02-14.