South Korea's New President Took The Oath Of Office And Made His First Promise In Office
2- 4.06.2025, 10:16
- 1,598
The politician said his government would be "pragmatic and pro-market".
South Korea's new president Lee Jae-men, who won a snap election after the fall of the Yun Seok-yeol government, promised to "revitalize the country" after attempting to impose martial law and jump-start an economy weakened by protectionism.
According to Reuters and Yonhap.
After his formal confirmation, Lee immediately took the oath of office and assumed the powers of commander-in-chief.
His victory was a voter response to the authoritarian actions of the previous government. Amid a record turnout of more than 35 million votes, Lee won 49.42 percent, beating rival Kim Moon-soo.
Lee said his government would be "pragmatic and pro-market." Priorities include deregulating the economy, helping small businesses, curbing the rising cost of living, and returning to dialog with North Korea without abandoning the alliance with the United States.
The White House said Li's election was "free and fair," but the United States remains concerned and opposes Chinese interference and influence in democracies around the world, according to a White House spokesman.
"It is better to win without fighting than to win the fight, and peace without having to fight is the best security," he emphasized.
After a political crisis and an attempt to impose martial law, South Korea finds itself in a state of uncertainty.
Lee must regain confidence in power, negotiate with the United States on Trump's new tariffs and avoid conflict with China while remaining part of the Western alliance.
Telephone conversation with Trump
According to the publication, Li could have his first phone conversation with US President Donald Trump as early as Wednesday.
They will discuss not only congratulations on the victory, but also painful issues of tariffs, defense spending and a possible first summit already this summer - at the G7 in Canada or the NATO summit in the Netherlands.
The leaders of South Korea, Japan, Australia and New Zealand have reportedly been invited to the NATO summit.
South Korea's election
According to the publication, with 95 percent of the votes counted, Lee of the liberal Democratic Party was projected to win with 48.83 percent of the vote against 42.03 percent for his rival from the conservative People's Power Party (PPP), Kim Moon-soo.
"I will fulfill my mission to create a world where democracy is restored and the people are respected as sovereigns in a democratic republic, living in cooperation with each other," Lee Jae-men said during a speech in Seoul.
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