South Korea's conservative People Power Party (PPP) has nominated Kim Moon-soo as its presidential candidate in the June 3 snap election. Kim, 73, received 56.5 percent of the votes in the party's national convention in Goyang, Gyeonggi Province, according to Reuters.

The election was triggered by President Yoon Suk-yeol's impeachment, which occurred when the Constitutional Court found that he had unlawfully declared martial law on December 3.

Kim, a former labour and democracy activist, later joined the conservative bloc. He previously served as labour minister and as governor of Gyeonggi Province from 2006 to 2014, Reuters reported.

In his speech, Kim pledged business-friendly measures, increased support for youth and low-income groups, and a tough stance against North Korea. He also stressed innovation and research as key components of his economic plan.