| Democratic Party of Korea's presidential candidate Lee Jae-myung, left, holds hands with New Wave Party's Kim Dong-yeon before their meeting in Seoul, Tuesday. Yonhap |
Lee Jae-myung, the presidential candidate of the ruling Democratic Party (DP), is on course to merge campaigns with Kim Dong-yeon, the presidential nominee of the minor New Wave Party, after the two agreed on policy coalitions Tuesday, a move that will help Lee's chances in the March 9 election against his rival Yoon Suk-yeol.
Lee and Kim reached an agreement on policy coalitions and operation of a joint government following their meeting in Seoul, which observers see as a de-facto candidacy merger.
"We agreed to create politics of unity, a government of unity and people's Cabinet with all political powers who care about people and this country," Lee said.
The DP expects Kim, who was the first finance minister under the current Moon Jae-in administration, to drop his candidacy and support Lee's campaign in the upcoming days.
The New Wave Party said there will be further discussion over Kim's campaign and his withdraw from the presidential race.
The coalition is likely to help Lee, who is running neck and neck with Yoon of the main opposition People Power Party (PPP) at around 40 percent support each in opinion polls, with only eight days left before the election. (Yonhap)