South Korean Ruling Party May Lose Majority in Parliamentary Election

© REUTERS / Kim Hong-JiA woman casts her ballot at a polling station in Seoul, South Korea, April 13, 2016.
A woman casts her ballot at a polling station in Seoul, South Korea, April 13, 2016. - Sputnik International
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The South Korean Saenuri ruling party looks to lose its 4-year hold on power in the 300-seat parliament, exit polls suggested Wednesday.

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TOKYO (Sputnik) – National KBS broadcaster projected 121-143 mandates for President Park Geun-hye’s party in the National Assembly of the Republic of Korea. The Minjoo Party of Korea was forecast to gain 101-123 seats, followed by the People’s Party at 32-41.

The Muhwa Broadcasting Corporation (MBC) station’s forecast had Saenuri landing 118-136 seats, followed by 107-128 for Minjoo and 32-42 for the People’s Party. The Seoul Broadcasting System had Saenuri slightly up at 123-147, 97-120 for Minjoo and 31-43 for the People’s Party.

The polls have been described as a litmus test ahead of the 2017 presidential elections. Park’s single 5-year term ends early 2018 and she is constitutionally barred from seeking reelection.

Park’s rule has been marked by deteriorating relations with North Korea, canceled inter-Korean economic cooperation projects, increased military exercises with the United States and threats from Pyongyang to conduct nuclear strikes on Seoul and Washington.

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