Yoon Suk-yeol Seated as South Korean President

South Korean President Yoon Suk-yeol took the oath of office on Tuesday as he will officially begin his five-year term at midnight.

During his inaugural address at the National Assembly Plaza, Yoon promised to rebuild the country on the foundations of liberal democracy and the market economy, as well as offering to restore North Korea’s economy with an “audacious plan” if the country takes measures to denuclearize.

Yoon, quoted in a report by Yonhap News, emphasized that it is the current generation’s calling “to build a nation that espouses liberal democracy and ensures a thriving market economy, a nation that fulfills its responsibility as a trusted member of the international community, and a nation that truly belongs to the people”.

The South Korean President will be based in the underground bunker of the new presidential office complex in Yongsan, where he will be briefed by the Joint Chiefs of Staff on North Korea’s most recent military movements and the preparedness posture of the South Korean military.

The door to dialogue with North Korea, Yoon added, will remain open in order to “peacefully resolve” the threat of its nuclear weapon programs that he considers a threat not only to our security and that to Northeast Asia. 

Yoon faced around 41,000 people who gathered at the National Assembly Plaza during his oath-taking. 

Yoon is set to attend inauguration celebrations at the National Assembly later in the day and host a banquet at Hotel Shilla for local and foreign dignitaries.

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