Business World

Liberal Moon set to win South Korean election

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SEOUL — Left-leaning former human rights lawyer Moon Jae-In won South Korea’s presidenti­al election by a landslide, an exit poll predicted when polls closed Tuesday.

Mr. Moon, of the Democratic Party, had 41.4% support, according to the joint survey by three television stations. Conservati­ve Hong Joon-Pyo was far behind on 23.3%, with centrist Ahn Cheol-Soo third on 21.8%.

South Koreans flocked to polling stations to elect a new leader on Tuesday, with a high turnout suggesting voters are eager to move on from a corruption scandal that brought down the former president and shook the political and business elite.

Unless there is a major upset, the liberal Mr. Moon — who calls for a moderate approach on North Korea, wants to reform powerful family- run conglomera­tes and boost fiscal spending to create jobs — will be elected president.

The vote will end a monthslong leadership vacuum. Former president Park Geun- hye was ousted on charges of bribery and abuse of power in March to become South Korea’s first democratic­ally elected president to be thrown out of off ice.

Ms. Park is in jail, on trial, but denies any wrongdoing. She had decided not to cast a vote, South Korean media reported.

The National Election Commission said turnout was 67.1% by 4 p.m. (0700 GMT), exceeding the 65.2% at the same time in the previous presidenti­al election, in 2012.

The commission expects final turnout of more than 80%, which would be the highest since President Kim Dae-jung was elected in 1997, when 80.7% of voters cast ballots.

The Democratic Party’s Mr. Moon, who lost narrowly to Ms. Park in 2012, has criticized the two former conservati­ve government­s for failing to stop North Korea’s weapons developmen­t. He advocates a two-track policy of dialogue while maintainin­g pressure and sanctions to encourage change.

He said in a YouTube live stream on Tuesday that South Korea should take on a more active diplomatic role to curb North Korea’s nuclear threat and not watch idly as the United States and China talk to each other.

STRAIGHT TO WORK

A Gallup Korea poll last week showed Mr. Moon had 38% support in a field of 13 candidates, with centrist Mr. Ahn his nearest challenger on 20%.

The winner was expected to be sworn in on Wednesday after the release of the official result. Most candidates, including Messrs. Moon and Ahn, have said they would skip a lavish inaugurati­on ceremony and start work straight away.

Mr. Moon said he had “poured every last drop of energy” into the campaign, reassuring voters he was in good health despite sporting bruises on his hands and arms from being jostled in crowds during campaignin­g.

“What are a few bruises?” he said.

A quarter of voters cast ballots early last week, a figure seen driven higher by the participat­ion of younger people.

Polls will close at 8 p.m. (1100 GMT), two hours later than in 2012.

Mr. Moon says he would want to be approachab­le and move freely among the people, even though many thought that “unrealisti­c.”

“I want to ease up the protection detail on the president, go to and from work with the people and mingle with people after work — I fully believe I can do this,” he said.

A Moon victory would be expected to improve market sentiment at a time when exports are supporting an economic recovery in Asia’s fourth largest economy.

The new leader is expected to quickly name a prime minister, who will need parliament­ary approval, and main cabinet positions, including national security and finance ministers, which do not need parliament­ary confirmati­on.

CHINA URGES DIALOGUE

The election is being watched closely by allies and neighbors at a time of high tension over North Korea’s accelerati­ng developmen­t of weapons. Pyongyang carried out its fifth nuclear test in September and is believed to be readying for another.

US President Donald Trump has vowed to stop North Korea developing a nuclear missile that can hit the United States.

The new president will also have to face an angry China, which objects to South Korea’s decision to deploy a US anti- missile defense system, known as THAAD, that China sees as a threat.

China’s official Xinhua news agency said in a commentary on Tuesday a new South Korean leader should “demonstrat­e its readiness to ease tensions” by calling off deployment of the THAAD, “which has proved useless in thwarting Pyongyang’s nuclear and missile activities.”

“It would be advisable that the next South Korean leader respond positively to China’s proposal to resume dialogues — Pyongyang suspends its nuclear program in exchange for the US- South Korean halt of military exercises — something the previous South Korean leaders have failed to do in the past 10 years,” Xinhua said.

Japan’s Chief Cabinet Secretary Yoshihide Suga told a regular news conference the relationsh­ip between South Korea and Japan would develop regardless of who became president.

“Collaborat­ion between Japan and South Korea is quite important for responding to the North Korean problem and for the peace and stability of the region,” he said.

North Korea would be keen to see a Moon victory. Its off icial Rodong Sinmun newspaper said on Tuesday conservati­ve rule in the South should be “buried in the grave of history.”

“Cleanly eradicatin­g the puppet conservati­ve group that has committed intolerabl­e crimes is the shortcut to new politics, new life and a new world,” it said.

 ??  ?? SOUTH KOREAN presidenti­al candidate Moon Jae-In (C) of the Democratic Party speaks to the media after casting his ballot at a polling station in Seoul on May 9. South Koreans went to the polls on May 9 to choose a new president after Park GeunHye was...
SOUTH KOREAN presidenti­al candidate Moon Jae-In (C) of the Democratic Party speaks to the media after casting his ballot at a polling station in Seoul on May 9. South Koreans went to the polls on May 9 to choose a new president after Park GeunHye was...

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