Socialist Party (South Korea)

Socialist Party
사회당
PresidentAhn Hyo-sang
Founded29 November 1998 (1998-11-29)
Dissolved4 March 2012 (2012-03-04)
Merged intoNew Progressive Party
Headquarters11F Nagyeong Building, 115-62 Gongdeok-dong, Mapo-gu, Seoul
IdeologySocial democracy
Political positionCentre-left to left-wing
Colours    Red, Black and Green
Socialist Party
Hangul
사회당
Hanja
社會黨
RRSahoedang
MRSahoedang

The Socialist Party (SP; Korean: 사회당) was a minor left-wing political party in South Korea, founded in 1998. It advocated an ideology of socialism, social republicanism, peace and environmentalism.

On 19 February 2012, at its final Sixteenth Party Congress, the Socialist Party voted by 404 votes to 54 to merge with the New Progressive Party. The party was formally dissolved on 4 March 2012.