Economy / South Korea
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Political Manoeuvring Continues
April 2007 | Risk SummarySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Sohn Hak-kyu, a former governor of Gyeonggi province, has announced that he will not compete in the August presidential primaries of the main opposition Grand National Party (GNP). Sohn has trailed the party's two frontrunners, former Seoul Mayor Lee Myung-bak and former party chairwoman Park Geun-hye in opinion polls, and is now expected to run as an independent candidate. It is believed that he will team up with liberal breakaways from the ruling centre-left Uri Party, to form a third, centrist force, having been quoted as saying that he would 'create a new political order'. This would make an expected