Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
South Korean President Yoon Suk Yeol delivers an address to the nation at the Presidential Office in Seoul, South Korea, December 12, 2024.
South Korean president’s removal slows down over court vacancies
On Tuesday, the floor leader for South Korea’s newly-impeached President Yoon Suk-yeol’s party said it would be inappropriate to fill vacancies on the constitutional court with the powers of an acting president, setting up a fight aimed at slow-rolling Yoon’s final removal from office.
Wait, how is Yoon impeached but not gone? It’s a two-step process. The National Assembly was able to clear the two-thirds supermajority to impeach Yoon on Saturday, and he was immediately suspended from office. Now at least six justices on the constitutional court need to approve the legality of the impeachment — and this isn’t a given. The court overturned the much more controversial impeachment of former President Roh Moo-hyun in 2004. Once that hurdle is cleared, Yoon is gone for good, and a sixty day clock starts ticking down to fresh elections.
There’s just one problem. Three of the court’s nine seats are vacant, meaning the entire bench would need to vote unanimously to remove Yoon. Even though the facts are pretty stacked against Yoon, just one justice could theoretically put him back in office, which is why the liberal opposition wants to fill the three seats.
Ideally, as quickly as possible, because their leader, and presumptive presidential candidate, Lee Jae-myung is in legal hot water of his own. He was convicted of violating election laws and handed a one-year suspended sentence in November, which could prevent him from running for president — if the Supreme Court upholds the ruling.
Eurasia Group’s Jeremy Chan says the opposition “recognizes that the longer this drags out, the greater the chances that the Supreme Court will have time to rule on Lee’s conviction,” and possibly keep him out of the race. We’re watching how acting president Han Duck-soo handles the vacancies, as well as how the criminal case against Yoon and his collaborators proceeds.
FILE PHOTO: South Korean President Yoon Suk-yeol speaks on the government budget at the National Assembly in Seoul, South Korea, 25 October 2022.
K-Drama continues as Yoon defies summons
South Korea’s rogue President Yoon Suk Yeol was impeached on Saturday and is now facing charges of insurrection – but will he show up for trial?
Yoon failed to appear in court Sunday after receiving a summons from prosecutors investigating him and senior officials for abuse of authority and obstructing rights. Then, when investigators attempted to serve him a request for questioning regarding the insurrection charges on Monday, his office refused to accept it.
The charges stem from Yoon’s shock invocation of martial law December 3 - a decree that was overturned a mere six hours later. Yoon’s powers have since been suspended until the constitutional court confirms the legality of his impeachment.
What happens next? The court began deliberations on Monday, with a ruling expected within 180 days, but a decision could come sooner based on the impeachments of previous South Korean leaders. If Yoon is dismissed, a national election must be held within 60 days. Opposition leader Lee Jae-myung, seen as the frontrunner to replace Yoon, proposed a special council for policy cooperation between the government and parliament and called for a quick resolution “to minimize national confusion and the suffering of the people.”
Based on this Saturday’s giant dance party in Seoul following the impeachment, however, it doesn’t seem that South Koreans are that upset. Thousands braved the bitter cold and took to the streets to celebrate, after a vote the previous weekend failed to garner enough support.
A protester wears a South Korean President Yoon Suk Yeol mask while holding a representation of prison bars, during a rally calling for the impeachment of the South Korean President, who declared martial law, which was reversed hours later, in front of the National Assembly in Seoul, South Korea, December 11, 2024.
South Korean prosecutors weigh arresting president, police retreat after standoff
In South Korea, President Yoon Suk Yeol’sparty hasturned on him, throwing their support behind attempts to impeach him after last week’s brief declaration of martial law. The flip came moments before Yoon delivered a fiery speech Thursday in which he justified his actions and vowed not to step down.
The lead prosecutor in South Korea’s criminal investigation into Yoon said Wednesday he would arrest the presidentif warranted. Also on Wednesday, police attempted to raid the Yongsan Presidential Office to secure evidence of Yoon’s actions and mindset before and during the martial law order but retreated after an hourslong standoff with presidential security.
Yoon survived an impeachment vote last weekend, but he faces another one on Saturday. The opposition Democratic Party, which controls the National Assembly but falls eight votes short of the bar for impeachment, is far more likely to succeed this time now that Yoon’s People Power Party is backing impeachment.
As GZERO previously reported, PPP’s leader had been pressuring Yoon to step down and avoid impeachment altogether, though perhaps not immediately. They wanted to get Yoon to publicly agree now to resign in, say, February, which would’ve pushed elections even further away, creating space for maneuvering. Opposition leader Lee Jae-myung, who is the likely presidential candidate, has his own legal problems that could bar him from standing for office — if courts have enough time to process his case, that is. But with Yoon increasingly defiant, his party has decided to take matters into their own hands.
Can they really arrest the president? Ordinarily no. South Korea’s president enjoys immunity from prosecution — except in the case of insurrection charges. The case looks quite serious, and the former defense minister who allegedly encouraged the coup attempt tried to commit suicide following his arrest. He is now hospitalized, and the heads of the National Police Agency and Seoul Metropolitan Police Agency are also under arrest.
Looking ahead, Eurasia Group expert Jeremy Chan says Yoon’s impeachment is all but assured and that it “will be a positive development for the country because it will strip all presidential duties from Yoon and begin the process of turning the page on his presidency, which is likely to go down in history as the worst of its kind.”
South Korean protestors calling for the dismissal and impeachment of South Korean President Yoon Suk Yeol outside the National Assembly in Seoul, South Korea, on December 4, 2024. South Korean President Yoon Suk Yeol briefly declared martial law on December 3, 2024, citing threats to democracy from opposition lawmakers he labeled as pro-North Korea. The decree, which restricted political activities, media, and strikes, was quickly overturned by the National Assembly. The event highlights rising tensions and Yoon’s declining authority following significant opposition victories in recent elections.
South Korean president faces impeachment, treason charges
Soon after South Korean President Yoon Suk Yeol lifted his imposition of martial law early Wednesday, opposition parties filed an impeachment bill against him in the National Assembly. Now, the clock is ticking: By Saturday, lawmakers will vote on Yoon’s future, and if two-thirds agree to impeach, he will be immediately suspended from office.
Yoon’s defense minister, chief of staff, and top secretaries have all resigned, and the president faces calls to do the same. South Korea’s largest labor union is calling for mass strikes if Yoon refuses to step down.
The opposition Democratic Party is also drawing up treason charges against Yoon and his defense and interior ministers, which could land them behind bars if convicted. Two presidents from South Korea’s military-rule era, Chun Doo-hwan and Roh Tae-woo, were convicted of treason in 1996.
What happens now? Yoon could resign, but Eurasia Group’s Jeremy Chan says that’s not his usual MO. “He’s a pugilist by nature. I don’t think he will go out without a fight,” he says, though “there is a slim chance that he can secure a deal with [opposition leader Lee Jae-myung] to go quietly and fade into the background in exchange for immunity for him and his wife.”
Still, Yoon’s ouster isn’t guaranteed. The opposition needs to peel off at least eight votes from Yoon’s party for the bill to pass, but given the bipartisan rejection of the coup attempt, that seems feasible.
If the bill passes, it then goes to the Constitutional Court, where at least six of nine justices need to confirm the impeachment before Yoon is removed, a process that could take weeks. There’s a wrinkle here as well, as currently the court has three vacant seats, so the decision needs to be unanimous – or the vote has to await three appointments.
We’re watching how Yoon plays the next few days, and the scramble for position ahead of elections likely to be held in the spring if Yoon is impeached.
Supporters with a placard 'April 10 is the Yoon Suk Yeol government, Judgment Day.' attend the Democratic Party of Korea's general election campaign rally at Yongsan Station Square in Seoul, South Korea, April 9, 2024.
South Korean opposition likely to clean up in key elections
South Koreans went to the polls today for key legislative elections amid a bitterly polarized environment and a sluggish economy, with early exit polls showing a likely landslide for the opposition Democratic Party. President Yoon Suk Yeol has been stymied by DP control of the unicameral legislature throughout the first two years of his presidency, and his People Power Party was facing daunting odds heading into today.
Cost of living is top of mind. Opposition leader Lee Jae-myung turned the humble green onions that feature in so many Korean dishes into a political weapon after Yoon made remarks on their price that were perceived as being out of touch. Meanwhile, Yoon’s wife, Kim Keon-hee, has been at the center of a luxury gift scandal, which has hardly helped with perceptions of aloofness.
That said, Lee faces graft allegations of his own and is no less of a controversial figure. In fact, he was lucky to survive an attempted assassination in January, when he was stabbed in the neck at a campaign rally. Political violence is not unheard of in South Korea, but the incident underlines the depth of the country’s political divisions.
“Because of the political polarization, South Koreans end up deciding elections based on things like whether the first lady received a $2,000 handbag and didn't report it,” says Eurasia Group senior analyst Jeremy Chan. “It speaks to the underlying dynamic in South Korea, where folks are deciding on the trivial stuff because the political parties can't deal with the big issues.”
And there are BIG issues on South Korea’s plate: The country is getting old and having very few babies, economic growth is weak and unlikely to improve, and, of course, North Korea’s nuclear weapons threaten total annihilation.
Chan expects Yoon to continue focusing on foreign policy if exit polls hold true, including “doubling down on the rapprochement with Japan, broadening relations with Europe, with ASEAN, and with the United States, while moving further away from China and North Korea, because that's where he can exert influence without the National Assembly.”
Official results are expected early Thursday.
South Korean President Yoon Suk-yeol speaking at the presidential office on TV at Seoul Railroad Station in Seoul. April 1, 2024
Viewpoint: South Korea’s president looks to legislative elections to kickstart his agenda
All 300 seats in South Korea's unicameral legislature will be up for grabs in the April 10 election, offering President Yoon Suk-yeol the opportunity to kickstart his agenda if his conservative People Power Party, or PPP, can gain control of the National Assembly. The center-left Democratic Party of Korea, aka DP, currently holds a majority of the seats in the chamber and has frustrated Yoon’s efforts to advance business-friendly policies since he took office in 2022.
Nonetheless, the PPP faces long odds in flipping the chamber, according to Eurasia Group expert Jeremy Chan. We asked him to explain.
Why the poor prospects for the PPP?
The conservative party would need to gain roughly three dozen seats to recapture the National Assembly, a tall order that will be made even more challenging by Yoon’s low approval rating, which hovers below 40%. While his name will not appear on the ballot, the election is widely seen as a referendum on Yoon’s administration.
For Yoon, failing to recapture the National Assembly would effectively render him a lame duck with more than half of his term in office remaining. It would put his agenda of cuts to taxes and government spending on life support and make him the first Korean president in decades to serve an entire five-year term without ever exerting control over the legislature. Attention would promptly shift to the race to succeed Yoon in the 2027 presidential election.
What are the main issues for voters?
The state of the economy is at the top of the list, particularly sluggish growth and worrying debt levels for households and corporations. A recent rebound in Korea’s export sector — largely driven by an uptick in global demand for Korean semiconductors — has provided a bit of a tailwind to the economy, but overall sentiment remains negative. Voters are likely to hold the ruling conservative party responsible for this situation, even as the opposition in the National Assembly has watered down many of Yoon’s business-friendly reforms, which are meant to stimulate growth.
Scandals and other allegations of impropriety are another top voter concern. Many left-leaning voters find Yoon’s leadership style imperious, particularly his attacks against critical media outlets. His wife, Kim Keon-hee, is also a lightning rod for public criticism, with Yoon postponing a trip to Germany and Denmark in February to keep her out of the spotlight; if left-leaning opposition parties hold onto the National Assembly, they are likely to open an investigation into allegations that Yoon’s wife received unreported gifts and committed other misdeeds. Meanwhile, the leader of the DP, Lee Jae-myung, continues to face his own corruption investigations, which has decreased support for the main center-left opposition party.
What can this election tell us about the state of Korean politics?
Polls suggest that the election will likely be decided by a narrower margin than the last legislative election in 2020; the top two candidates in roughly 60 single-member districts are polling within the margin of error. Tempers are also running high in Korea, where political polarization has worsened in recent years. Both Yoon and Lee — the runner-up in the 2022 contest — are divisive figures, which has increased support for splinter parties, most notably the newly formed Cho Kuk Innovation Party. Korean politics have traditionally been dominated by two major political parties, but this election may be a harbinger of a more pluralistic system to come. With 30 of the 300 seats in the National Assembly to be allocated to non-major parties, chances are high that neither the PPP nor the DP will secure an outright majority.
Will the election outcome change Korea’s relations with the US, Japan, China, or North Korea?
This election will not have a significant effect on Korea’s foreign policy. Regardless of the outcome, Yoon will retain wide latitude over Korea’s external relations, including in diplomacy, security, and trade. Yoon will continue to deepen Seoul’s ties with Washington and Tokyo — he will participate in a trilateral summit with US President Joe Biden and Japanese Prime Minister Fumio Kishida on the sidelines of the NATO summit in Washington in July — while relations with Beijing and Pyongyang will remain strained. The US is on the verge of overtaking China as Korea’s top export market, and Korean firms are increasingly directing their investments away from China. By the time Yoon steps down in 2027, his successor will face a remarkably different external environment than the one Yoon inherited in 2022.
If the conservative party manages to pull off an upset, how will that change the political landscape in Korea?
A conservative victory in the legislative elections — not likely but also not unthinkable — would breathe new life into Yoon’s presidency. His administration would move quickly to enact a raft of business-friendly reforms, including lowering taxes on corporations and increasing government support for small- and medium-sized enterprises.
“Strategic” industries such as semiconductors, electric vehicles, batteries, biotech, and AI would likely benefit from greater policy attention. And Lee would come under increasing pressure to step down as head of the DP.
A PPP-controlled National Assembly would also put wind in the sails of the government’s recently announced “Corporate Value Up Program.” The program is designed to reduce the “Korea discount” whereby domestic firms have lower valuations than peer companies in Japan and Taiwan; it promises tax credits and other incentives to firms that “value up” their stock price through increased dividend payments, share buybacks, and improvements to their corporate governance.