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Lee Jae-myung Unveils Defense Industry Support Plan in Presidential Bid

The former Democratic Party leader commits to boosting South Korea's defense exports, financial reforms, and regional development strategies as part of his campaign platform.

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Lee Jae-myung, former leader of the liberal Democratic Party, speaks during a ceremony pledging a clean election campaign held at the National Assembly in Seoul on April 16, 2025. (Yonhap)
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Overview

  • Lee Jae-myung has pledged comprehensive measures to position South Korea among the world's top four defense exporters.
  • His plan includes establishing a centralized control tower and holding regular presidential meetings to promote arms exports.
  • Lee proposes financial reforms and tax incentives to support the defense sector and stimulate economic growth.
  • He also emphasizes balanced regional development by promising to relocate government branches to Sejong within his term if elected.
  • In the long term, Lee aims to achieve the complete relocation of the National Assembly and presidential office from Seoul through public consensus.