A new conservative party was launched Sunday, spearheaded by eight lawmakers who defected from the minor opposition Bareunmirae Party (BP) to build a right-wing party pursuing reforms.
Rep. Yoo Seong-min and seven other lawmakers officially announced the launch of the party, tentatively named the New Conservative Party, at the National Assembly, less than four months before the April 15 parliamentary elections.
"Those who are willing to guard new conservative values have gathered here ... I am sure that Korean politics will change if people walk on that path one by one," Yoo said at an event to launch the party. (Yonhap)