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South Korean Election Frontrunner Lee Floats Two-Term Presidency

South Korean Election Frontrunner Lee Floats Two-Term Presidency

Bloomberg18-05-2025

South Korea's leading presidential candidate Lee Jae-myung proposed a constitutional amendment to shorten the presidency to four years with a two-term limit, calling it a move to better balance power.
The proposal comes before South Koreans are set to go to the polls to elect their next leader for a single, five-year term in a snap vote triggered by the impeachment of ex-president Yoon Suk Yeol. Latest polling shows Lee, the nominee of the opposition Democratic Party, leading the race with a 51% support rate for the June 3 election.

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