South Korean President Lee favors four-year term with re-election

South Korean President Lee Jae Myung favors a constitutional revision that would establish a four-year, two-term presidential system and grant more power to the National Assembly, according to a presidential official.

Lee believes the current system concentrates too much power in the presidency and that a revised system could address these limitations. The official stated that Lee views a four-year, two-term presidency, coupled with a strengthened National Assembly, as the most publicly acceptable option.

However, President Lee maintains that any constitutional reform must be a bipartisan effort, requiring discussion and consent within the National Assembly, where at least 200 of the 300 lawmakers must agree. This stance aligns with his long-held position on constitutional reform.