The electoral contest is primarily between Lee Jae-myung of the centrist Democratic Party and Kim Moon-soo, representing the conservative People Power Party. Pre-election polls indicate a favorable outcome for Lee, who has advocated for national unity and economic revitalization. His diplomatic strategy proposes improved relations with China and North Korea while ensuring the United States remains a cornerstone of national security. Conversely, Kim, if victorious, is expected to pursue the foreign policies of the previous administration under Yoon Suk Yeol, which emphasized ties with Washington and Tokyo, albeit at the expense of relations with Pyongyang and Beijing.

Voter turnout began early in the morning at 6 a.m. and is expected to conclude by 8 p.m. After the polls close, initial results from a collaborative exit poll by major broadcasters like KBS, MBC, and SBS will surface shortly thereafter. Given the political narrative that unfolded over the last year—culminating in Yoon's controversial attempt to exert military control over the opposition-led National Assembly and subsequent impeachment—it is clear that the next president is set to address monumental challenges.

As the new leader emerges from this election, they must navigate a politically divided landscape and a sluggish economy while tackling the delicate dynamics of international diplomacy in an increasingly complex geopolitical arena.