Grand National Party

The Grand National Party (GNP), also known as Hannara in Korean, is a conservative political party in South Korea. It is the party of current President Lee Myung-bak. The GNP won majority control of the South Korean legislature after the 2008 parliamentary election.

1. Lowering taxes
2. Free trade
3. Support for Business conglomerates #Strengthened ties with the United States and Japan
4. Avoiding involvement with North Korea

A series of scandals led to the impeachment of GNP-supported President Lee Hoi-chang in 2004. The party consequently lost control in the legislature. But it regained a majority of seats in the 2008 legislative elections. It now leads the minority party by 72 (out of the 299) seats.Adam Carr's Election Archive: 2008 South Korean Legislative Election Results

• Official Site: The Grand National Party
• Wikipedia: Grand National Party
• Google News: Grand National Party
• The Korea Times: Majority Needed for Reform (April 8, 2008)
  • "The nation has not achieved a genuine change of government because the governing party is not the largest one in the legislative body"
• Angus Reid: Lee’s GNP Set for Victory in South Korea (April 8, 2008)
• Trend News: Conservatives Poised to Oust Liberals in Seoul Parliament (April 8, 2008)
  • "South Korea's conservative Grand National Party (GNP) was poised to replace the liberal United Democratic Party (UDP) as the largest party in parliament in Wednesday's general election, according to the most recent opinion polls."
• Donga: Conservative Party Seeks to Dominate Political Arena (April 8, 2008)