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Park Guen-hye announces election bid

Tuesday, July 10, 2012 - 01:17

July 10 - The daughter of former South Korean dictator Park Chung-hee announces her bid for presidency. Julie Noce reports.

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EDITORS PLEASE NOTE: EDIT CONTAINS CONVERTED 4:3 MATERIAL South Korean conservative party frontrunner Park Geun-hye announced her bid for the presidency with the hopes of becoming the country's first female leader. She spoke to throngs of cheering supporters in Seoul. Park, who once dubbed her policies Korean Thatcherism, says she's running on a more centerist platform, focusing on social issues, and younger voters. (SOUNDBITE) (Korean) SOUTH KOREAN PRESIDENTIAL CANDIDATE PARK GEUN-HYE SAYING: "Our problems are with low fertility, an aging population and slow growth. We should find a breakthrough and momentum, through changes marking a new era, on the basis of the administration of our country." Park is no stranger to a life of politics. She's the daughter of controversial South Korean dictator Park Chung-hee who, while credited with improving the country after the Korean War, was also condemned for his authoritarian policies. He was eventually killed by the head of the country's central intelligence agency. Park's party will hold a primary election next month to pick an official nominee for the December election. This is Park's third attempt at the presidency. Julie Noce, Reuters

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Park Guen-hye announces election bid

Tuesday, July 10, 2012 - 01:17