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The Bareun Party () was a conservative political party in South Korea, announced on 27 December 2016 with the defection of 29 anti-Park Saenuri Party lawmakers. It was known as the Conservative New Party for Reform until 8 January 2017.
The merger faces opposition from members of both parties, citing concerns over differences in ideology and policy, particularly over differing stances on dealing with North Korea. Nevertheless, the party approved the merger plans on 5 February 2018. The merger is expected to be finalized on February 13.
In May, a week before the presidential election, 13 lawmakers affiliated with the party announced their decision to defect and return to the LKP. The decision came after the party's presidential candidate, Yoo Seong-min, declined to join forces with LKP's Hong Joon-pyo and PP's Ahn Cheol-soo and field a single presidential candidate. The defection left the party with just 19 seats in the National Assembly, one short of the 20 required for a political party to be recognized as a negotiating body.
Ahead of a leadership contest in November 2017, an additional eight lawmakers defected, and rejoined the LKP. The eight lawmakers were later joined by the party's floor leader, Joo-Ho-young.
| 2017 | Yoo Seung-min | 2,208,771 | 6.76 |
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