Yoon Suk Yeol beat his ruling liberal party opponent in a politically divided nation.
The Associated PressSouth Korean President-elect Yoon Suk Yeol of the main opposition People Power Party celebrates with supporters at the party's headquarters on Thursday in Seoul.
Earlier, Lee conceded defeat during a news conference at the campaign office of his Democratic Party, where he congratulated Yoon and called for him to heal the country's divisions. "Our competition is over for now. We should combine our strengths and become one for our people," he said. Officials from the South Korean Central Election Management Committee and election observers count votes in what would be a very close election. With more than 99 per cent of the ballots counted, Yoon won 48.6 per cent of the votes, narrowly edging Lee, who garnered 47.8 per cent.Yoon says he would sternly deal with North Korean provocations and seek to boost trilateral security co-operation with Washington and Tokyo to neutralize North Korean nuclear threats.
Some experts say Yoon's foreign policy stance would put Seoul closer to Washington but he cannot avoid frictions with Pyongyang and Beijing. On domestic issues, Yoon was accused of stoking gender animosities by adopting a Trump-like brand of divisive identity politics that spoke almost exclusively to men.
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