Founded 17 January 1981 Political position Centrism | Headquarters Seoul, South Korea | |
 | ||
Ideology Liberalism
Liberal democracy | ||
The Democratic Korea Party (Korean: 민주한국당, Minju Hanguk Dang, DKP) was a political party in South Korea.
History
The DKP was established on 17 January 1981 following a meeting of fourteen former members of the New Democratic Party on 22 November 1980. Yu Chi-song was elected party president, and its candidate for the February 1981 presidential elections, in which he finished second to the incumbent president Chun Doo-hwan.
In the March 1981 parliamentary elections the DKP received 21.6% of the vote, winning 81 seats and emerging as the second-largest party to Chun's Democratic Justice Party. However, in the 1985 elections it was reduced to 35 seats.
The party received just 0.2% of the vote in the 1988 elections, failing to win a seat. It was subsequently deregistered.