Lee Rules Out Second Term, Calls It Unconstitutional

President Stresses Commitment to Constitutional Reform Says Consecutive Term Is Barred Under the Constitution

Politics|
| Updated 2026.09.18. 13:14:22
|
By Jeon Hee-yoonheeyoun@sedaily.com
||
President Lee Jae-myung enters a press conference at the Cheong Wa Dae guest house on Nov. 18. Yonhap News - Seoul Economic Daily Politics News from South Korea
President Lee Jae-myung enters a press conference at the Cheong Wa Dae guest house on Nov. 18. Yonhap News

President Lee Jae-myung said the 1987 constitution, born as a compromise shaped by the politics of its time, "no longer fits today's Republic of Korea," while flatly rejecting suspicions that he might seek to extend his time in office. "I have absolutely no intention of serving a second term," he said.

Speaking at a special news conference at the Blue House's guest house on the 18th, Lee said he would "work to see the constitution amended through reasonable debate among the ruling and opposition parties and a national consensus." He added: "My position on constitutional reform has been consistent for a long time — writing the spirit of the May 18 Gwangju Democratization Movement and the Buma (Busan-Masan) Democratic Uprising of 1979 into the preamble, strengthening citizens' basic rights, dispersing some presidential powers to the National Assembly and local governments, and introducing a presidential re-election system for policy consistency and stable governance." He also dismissed as "utterly groundless" claims in some quarters that he intends to introduce a cabinet system or a semi-presidential system.

Lee stressed that "a second term for me through constitutional amendment is impossible under the constitution, and I have made clear repeatedly, through various channels, that I have never even considered it." He said demands that he pledge not to seek re-election amounted to "a political offensive aimed at creating the impression that I had been planning a second term and then gave it up." He added: "Let me say it firmly once again on this occasion. I have absolutely no intention of serving a second term."

Original reporting by Jeon Hee-yoon for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
4:38
World News Day 2026 — Know the facts. Understand what matters. #ChooseTrustedJournalism

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Now live
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.