Seoul, Korea
CNN
–
South Korean opposition leader Lee Jae Myung is projected to become the country’s new president after Tuesday’s SNAP election, according to a joint exit poll by the South Korean Broadcasting Station.
Exit votes from KBS, MBC and SBS predict that Lee, 60, a liberal Democratic party, will win 51.7% of the vote. This took place exactly six months after the previous leader declared martial law and plunged the country into chaos.
According to the exit polls, his main rival, the ruling conservative power party Kim Moon Thor, is projected to win 39.3% of the vote. No official results have been announced yet.
The election is closely monitored and now provides a similarity of political stability to the Koreans after six months of uncertainty and turmoil as US allies and economic powers navigate the aftermath of the martial law crisis.
And everything can be at the helm as South Korea’s export-oriented economy tackles global events that could lead to the tariffs and recession on President Donald Trump.
