04/06/2026
2026 Local Elections and By-elections: Political and Policy Outlook | The elections marked the first nationwide test of the Lee Jae-myung administration and Korea’s post-impeachment political landscape.
▪️Democratic Party (DP): Regained control of most local governments, strengthening its ability to coordinate policy across the central government, National Assembly, and local governments.
▪️People Power Party (PPP): Retained Seoul and key strongholds, signaling that the conservative bloc could become more competitive in the next general election and presidential race.
▪️National Assembly by-elections: DP Won 9 of 14 seats, but saw a net loss of four seats; reshaping leadership dynamics across both camps.
▪️Business implications: The overall policy direction is unlikely to shift sharply, though the Seoul result could affect the pace and tone of implementation.
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