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S. Korean candidates clash over economy in first debate

Gulf Today

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May 19, 2025

South Korea's presidential candidates faced off in their first TV debate on Sunday evening, ahead of a snap election on June 3 to choose a successor to former president Yoon Suk Yeol who was impeached over his short-lived martial law declaration in December.

S. Korean candidates clash over economy in first debate

Sunday's debate, the first of three TV debates scheduled over the next two weeks, focused on how to revitalise the struggling economy, one of the hot-button election issues.

Lee Jae-myung, the main opposition Democratic Party's candidate and the frontrunner in the race, came under a flurry of questions in the heated, rapid-fire first debate.

He advocated more investment in artificial intelligence (Al), protection for unionised workers, a 4-1/2-day working week and putting South Korea's interests first in responding to US tariffs.

There was no need for Seoul to rush to reach a trade agreement with Washington, Lee said.

"I think we should prepare well for this situation delicately and competently," Lee added, also arguing South Korea needs to nurture high-tech and renewable energy industries to overcome low economic growth. "We will focus on developing so-called sovereign Al so our people can at least use something like ChatGPT for free like an electronic calculator," he said.

Kim Moon-soo, candidate for the conservative People Power Party, vowed to create jobs and deregulate to foster businesses.

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