New Future Party 새로운미래 | |
---|---|
Co-leaders |
Lee Nak-yon Kim Jong-min |
Floor leader | Kim Jong-min |
Founded | 4 February 2024 [a] |
Split from | Democratic Party of Korea |
Ideology | Centrist reformism |
Colours | Blue Turquoise |
National Assembly | 1 / 300 |
Metropolitan Mayors and Governors | 0 / 17 |
Municipal Mayors | 0 / 226 |
Provincial and Metropolitan Councillors | 2 / 872 |
Municipal Councillors | 9 / 2,988 |
Website | |
www | |
The New Future Party ( Korean: 새로운미래, romanized: Saerounmirae, lit. 'New Future') is a South Korean political party formed by a splinter group from the Democratic Party led by former Prime Minister Lee Nak-yon.
The party was founded on February 4, 2024. According to the party, Lee Nak-yon and Kim Jong-min will serve as party co-chairs. [1] There were speculations about a potential alliance with Lee Jun-seok’s New Reform Party. [2] 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. [3]
On February 20, 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. [4]
On March 11, Hong Young-pyo, the member for Incheon Bupyong B in the National Assembly, officially joined the party. [5] An additional two members of the National Assembly; Oh Yeong-hwan and Sul Hoon joined the party on March 17. [6] [7] [8]
The party's manifesto said that it will "stand up for centrist reformism". It also said the party "opposes both market fundamentalism and populism". [9]
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 |