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CNN.com - Voting begins in South Korea parliamentary elections - April 12, 2000 - 0 views

  • oting has begun across South Korea in parliamentary elections that observers say are critical to the country's economic and political future. The elections come amid now-robust economic performance, as well as on the heels of the announcement of improved ties with North Korea. Rival candidates made last-ditch appeals for votes as the world focused on the first-ever summit between the two Koreas.
  • Another pressing issue for Kim's 2-year-old government is the reform of South Korea's inefficient economic systems, especially its family-owned conglomerates, or chaebol. About a dozen of the conglomerates collapsed under debts in 1997, forcing South Korea to accept a record $58 billion bailout package from the International Monetary Fund.
  • President Kim has publicly said reunions of those separated family members will top the agenda. Only 50 people from each Korea were allowed to cross the border in 1985 for the first temporary family reunions. No further reunions have since been arranged because of military and political tensions. The Korean border, the world's most heavily armed, is sealed with nearly 2 million troops deployed on both sides.
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