Former Alaska Gov. Sarah Palin has told a business forum in Seoul that the United States is due for a female president.

The 2008 Republican vice presidential nominee said earlier this month that she wouldn't run for president in 2012.

Palin said Tuesday at the World Knowledge Forum that there "will be a woman president of the United States of America, and I look forward to that day."

But she offered no clues about her political future and didn't discuss why she bowed out of a bid next year.

Palin also said she looks forward to a "regime change" in North Korea and the day South Korea can help rebuild the North after the fall of Pyongyang's current ruling dynasty.

North Korean leader Kim Jong Il is grooming his twenty-something son to take power.