Opposition leader Lee Jay Meong is leading the polls while South Korea votes for a new president

The leader of the South Korean Party is expected to win the sudden presidential elections in the country on Wednesday, according to Jalloub survey was martyred by Yonhap.

The electoral victory of the Democratic Party candidate will put him to be the next leader of the country after President Yun Suk Yol was overthrown, and determines the path of South Korea’s commercial negotiations with the United States, and policies in China and North Korea.

Eun is isolated After declaring a short -term law last December, it was It was removed from the office By the country’s constitutional court in April. This sparked sudden presidential elections.

Li, who lost to Yoon with a haircut in 2022 Presidential electionsCurrently it holds great progress in the poll. According to the Gallup poll showed that 49 % of the respondents were supporting the liberal candidate who became president.

This compares with 35 % obtained his closest rival, Kim Moon Soo of the Conservative Popular Power Party, who was former President Yoon.

My eligibility for the presidency was suspicious after accusing him of violating the election laws, but a final ruling on the case It was postponed even after the elections By South Korea’s Supreme Court.

This opinion is repeated by companies such as the Eurasia Group, which said on May 27 a note that Lee is the “preferred clear” to win the elections, which shows the chances of his victory by 80 %.

Eurasia said that although Lee has turned his position into the political center in an attempt to attract independent and identical voices, he is likely to follow a more inclinatory agenda in his position.

The company added: “The main monitoring points include the size of the second supplementary budget and my approach to the American tariff negotiations.”

Eurasia expects that if I am elected, it will deal with the dual challenges of reviving the South Korean economy and completing a “package” agreement with the United States by July.

“However, he indicated the desire to move more slowly in talks with Washington and will likely seek the Korea deal to evaluate the conditions negotiated by other countries, including Japan, before the completion of an agreement,” Eurasia pointed out.

It was me According to what he said, he said On May 25, the deadline for tariff talks with the United States must be extended. Seoul and Washington agreed to formulate a set of deals on definitions by July 8.

Separately, Goldman Sachs indicated, in the May 27, that both the similarities between Kim and the PP employee are in its goals, including economic growth and stable financial markets and improving the ability to afford housing.

However, some of the main differences, as Goldman indicates, on economic policy platforms on how to enhance growth.

“Mr. Lee calls on financial support for strategic industries, while Mr. Kim prefers to stimulate private entrepreneurship by canceling organizational restrictions and tax discounts. Mr. Lee aims to strengthen stock markets through governance reforms while Mr. Kim wants to do this mainly through tax incentives.”

Goldman assessed that fiscal policy – using government spending and taxes to influence the economy – is likely to be Lee under DP more expansive than Kim, and that monetary policy by Korea Bank is likely to compensate for the gap in fiscal policy.

It was Facebook The prices recently reduced last week R.o The lowest level since August 2022, saying that it is expected that economic growth will be “a large decrease.”

Regardless of the election results, the South Korea’s victory is possible against the US dollar “about the decrease in uncertainty in politics after the formation of a new government and the weak US dollar against Asian currencies,” added Goldman.