The Korean National Party (Korean: 한국국민당; RR: Hangukgukmindang; lit. Korea National Citizen's Party) was a political party in South Korea.
History
The party was established on 23 January 1981 following a meeting of fifteen former MPs from the Democratic Republican Party and Yushin Political Alliance on 18 December 1980.[1]Kim Jong-cheol [ko] was elected party president,[1] and was selected as the party's presidential candidate for the February 1981 presidential elections; he finished third out of the four candidates with 1.6% of the vote.
The party lost all its seats in the 1988 elections, in which it received only 0.2% of the vote. As it was by law that a party failing to win a seat and receiving less than 2% of the vote in parliamentary elections would be disbanded, the party was officially dissolved on 29 April 1988.[2]
