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<h1>Presidential Hopeful Vows to Limit Executive Power, Promote Democratic Reforms in Transformative Campaign Bid</h1> Former prime ministerial candidate announced his presidential campaign for South Korea's upcoming June election. He pledged to reduce presidential powers, promote constitutional checks and balances, and serve a limited three-year term. Running as an independent conservative, he aims to challenge the liberal front-runner and address domestic political tensions following the previous president's removal from office.