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Saenuri Party

Saenuri Party
새누리당
Saenuridang
Spokesperson Kim Young Woo
Kwon Eun Hee
Park Dae Chul
Interim leader In Myung-jin
President of South Korea Park Geun-hye (suspended)
Floor leader Jung Woo-taek
Founded November 21, 1997 (Grand National Party)
February 2, 2012 (Saenuri Party)
Merger of New Korea Party
Democratic Party (1995)
Headquarters 18, Gukhoe-daero 70-gil
Yeongdeungpo-gu, Seoul
149-871
Membership  (2014) 2,708,085
Ideology Conservatism
Neoliberalism
Political position Centre-right to Right-wing
Regional affiliation Asia Pacific Democrat Union
International affiliation International Democrat Union
Colours Red
Slogan A new frontier, a new country
(국민이 하나되는 새로운 세상)
Seats in the National Assembly
97 / 300
Municipal mayor and Gubernatorial
6 / 17
Seats within local government
1,944 / 3,913
Website
www.saenuriparty.kr
Saenuri Party
Hangul
Hanja 새누리
Revised Romanization Saenuridang
McCune–Reischauer Saenuridang
Grand National Party
Hangul
Hanja 한나라
Revised Romanization Hannaradang
McCune–Reischauer Hannaradang

The Saenuri Party (Hangul새누리당; Hanja새누리黨; RRSaenuri-dang; lit. New Frontier Party) is a centre-rightpolitical party in South Korea. Until February 2012, it was known as the Grand National Party (한나라당 Hannara-dang). The party formerly held a plurality of seats in the 20th Assembly before its ruling status was transferred to the Democratic Party of Korea on 27 December 2016. It has also had its candidates from 2007 and 2012 become President.

The party was founded in 1997 as a merger of United Democratic Party and New Korea Party. Its earliest ancestor was the Democratic Republican Party under the authoritarian rule of Park Chung-hee in 1963. Upon Park's death and at the beginning of the rule of Chun Doo-hwan in 1980, it was reconstituted and renamed as the Democratic Justice Party. In 1988, party member Roh Tae-woo introduced a wide range of political reforms including direct Presidential elections and a new constitution. The party was renamed in 1993, during the presidency of Kim Young-sam, with the merger of other parties to form the Democratic Liberal Party (Minju Jayudang). It was renamed as the New Korea Party (Sinhangukdang) in 1995, and it then became the Grand National Party in November 1997 following its merger with the smaller United Democratic Party (1996) and various conservative parties.


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