[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Kang Nahum] Kim Jin-pyo, a member of the Democratic Party of Korea who had been mentioned as a strong candidate for the Speaker of the National Assembly, announced on the 20th that he would not run in the Speaker election.


On the same day, Kim stated on his Facebook, "After much consideration over the past month, I have decided not to register as a candidate for the Speaker of the National Assembly this time."


He added, "I believe that the people made the Democratic Party the ruling party in this general election to unite the Blue House, the government, and the National Assembly to overcome the COVID-19 crisis, especially the economic crisis. I will devote myself to fulfilling the people's will by focusing on overcoming the economic crisis and preparing for the post-COVID era."



With Kim's withdrawal announcement, it is expected that Park Byeong-seok, a six-term lawmaker, will be endorsed as the next Speaker of the National Assembly.


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