As he laid out important policy objectives for his one-year, five-year name, South Korea’s fresh leader Lee Jae-myung vowed on Wednesday to rekindle latent discussions with North Korea and boost a multilateral agreement with the US and Japan. Lee, who rose from poverty as a youngster to become South Korea’s most influential liberal politician, made his official debut on Wednesday, one morning after winning a surprise election that was triggered by Yoon Suk Yeol’s expulsion from the blamed for his disastrous implementation of military rules late last month. Lee stated in his inaugural address to the national assembly that his administration would use” strong deterrence” to combat possible North Korean aggressions in keeping with the powerful South Korea-US military alliance. However, he asserted that he would “dial up and cooperate with North Korea to establish peace on the Vietnamese Peninsula.” He stated that he will continue to pursue pragmat politics with his neighbors and promote multilateral Seoul-Washington-Tokyo assistance based on the strong South Korea-US alliance. We will change the problems caused by the significant shift in the world’s economic and safety landscapes into an opportunity to maximize our national interests, Lee said,” through rational diplomacy based on federal interests.” Lee’s election had no bearing on whether South Korea’s foreign policy may change significantly or change significantly. Lee has lately constantly stressed South Korea’s relationship with the US as the basis of its foreign policy, accusing critics of tilting toward China and North Korea and apart from Japan and the US. Trump’s tax policy and North Korea’s expanding nuclear program are the two biggest additional challenges facing Lee. However, according to authorities, whoever is elected president doesn’t do much to make significant progress in those areas. Lee didn’t immediately address trade issues with the US in his inauguration speech. Lee stated that his best goal would be to revive the local economy’s sluggishness and that his government had immediately form an emergency task force to fight the recession’s threat head-on. Additionally, he promised hostile state spending to boost economic growth. As it responded to US President Donald Trump’s tax increases and weakened domestic demand, South Korea’s central banks sharply reduced its growth outlook for 2025 to 0.8 % as it quickly lowered its key interest level. Following the national election commission’s official confirmation of his victory, Lee’s term officially began instantly without the customary two-month transition period. According to local TV film, Lee reportedly called Joint Chiefs of Staff president Kim Myung-soo to ask the government to closely track North Korean actions and maintain a good preparation based on the combined South Korea-US military ally in a phone call. Eventually, Lee paid respect to late Asian leaders, Koreans, patriots, and combat dead interment at the Seoul national cemetery.
