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New Future Democratic Party

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(Redirected from New Future Party (South Korea)) Political party in South Korea
New Future Democratic Party 새미래민주당
LeaderJun Byung-hun
Chair of the Policy Planning CommitteeJang Duck-chun
FounderLee Nak-yon
Founded4 February 2024
Split fromDemocratic Party of Korea
IdeologyCentrist reformism
Colours  Turquoise
National Assembly0 / 300
Metropolitan Mayors and Governors0 / 17
Municipal Mayors0 / 226
Provincial and Metropolitan Councillors2 / 872
Municipal Councillors9 / 2,988
Website
www.saeminjoo.com/main.do Edit this at Wikidata

The New Future Democratic Party (Korean: 새미래민주당, romanizedSaemiraeminjudang) is a South Korean political party formed by a splinter group from the Democratic Party led by former Prime Minister Lee Nak-yon. Originally New Future Party (Korean: 새로운미래, romanized: Saerounmirae, lit. 'New Future'), the party was renamed on 7 September 2024.

History

Logo of New Future Party

The party was founded on 4 February 2024. According to the party, Lee Nak-yon and Kim Jong-min will serve as party co-chairs. There were speculations about a potential alliance with Lee Jun-seok's New Reform Party. On 9 February it was announced that the party, along with New Reform Party, would merge together to create the Reform Party, with the new party being led by Lee Nak-yon and Lee Jun-seok.

On 20 February, Lee Nak-yon and the 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 the New Future Party.

On 11 March, Hong Young-pyo, the member for Incheon Bupyong B in the National Assembly, officially joined the party. An additional two members of the National Assembly; Oh Yeong-hwan and Sul Hoon joined the party on 17 March.

Ideology

The party's manifesto said that it will "stand up for centrist reformism". It also said the party "opposes both market fundamentalism and populism".

Election results

Election Leader Constituency Party list Seats Pos. Status
Votes % Seats +/- Votes % Seats +/- No. +/–
2024 Lee Nak-yon
Kim Jong-min
200,502 0.70 New 1 / 254 483,827 1.71 New 0 / 46 5th 1 / 300 5th Opposition

References

  1. Part of the New Reform Party from 9 February to 20 February 2024
  1. 조선일보 (2024-09-07). "새로운미래, '새미래민주당'으로 당명 변경…"더불어민주당 공백 메울 것"". 조선일보 (in Korean). Retrieved 2024-12-19.
  2. "Lee Nak-yon, ex-DPK members launch New Future Party". The Korea Times. 2024-02-04. Retrieved 2024-02-04.
  3. Daily, The Chosun (2024-02-04). "Ex-DP leader Lee Nak-yon's new party stumbles right after its formation". The Chosun Daily. Retrieved 2024-02-04.
  4. Yonhap (2024-02-09). "Smaller political powers agree to merge into new party ahead of general elections". The Korea Herald. Retrieved 2024-02-09.
  5. [바로이뉴스] "다시 새로운미래로 돌아간다"…11일 만에 결별 선언한 이낙연. 언론사 뷰. Retrieved 2024-02-21.
  6. 임, 재우 (2024-03-11). '홍영표·김종민' 새로운미래 투톱 선대위 출범. '홍영표·김종민' 새로운미래 투톱 선대위 출범 (in Korean). Retrieved 2024-03-15.
  7. 설훈·오영환, 새로운미래 동반 입당…현역 5명으로 늘어. Newsis (in Korean). 2024-03-17. Retrieved 2024-03-18.
  8. 오영환, 새로운미래 입당 "갈등과 분노의 정치 바꿔야". The Chosun Ilbo (in Korean). 2024-03-17. Retrieved 2024-03-18.
  9. 설훈·오영환, 새로운미래 동반 입당. The Chosun Ilbo (in Korean). 2024-03-17. Retrieved 2024-03-18.
  10. "새로운 미래 "중도개혁주의 견지"··이낙연·이준석 연대 속도는 입장차". Maeil Business Newspaper. 17 January 2024. Retrieved 7 February 2024.
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