South Korea’s Yoon vows to ‘normalize’ North Korea relations, boost economy

SEOUL, South Korea (AP) — In his inaugural speech as South Korea’s new president, Yoon Suk Yeol spoke of “audacious initiatives” to improve relations with North Korea while pledging to boost the economy and strengthen national defense.

In a 20-minute address after taking the oath of office at the National Assembly Plaza in Seoul on Tuesday, Yoon, a conservative, laid out a vision of a more assertive foreign policy, vowing to strengthen the country’s alliance with the United States and take a tougher stance against North Korea.

“If North Korea genuinely embarks on a path toward denuclearization, we are prepared to work with the international community to present an audacious plan that will significantly strengthen North Korea’s economy and improve the quality of life for its people,” Yoon said.

Yoon’s comments come at a time of heightened tensions on the Korean Peninsula. North Korea has conducted a flurry of missile tests this year, including an intercontinental ballistic missile launch last month. Yoon has condemned the tests as a violation of U.N. Security Council resolutions and has called on North Korea to return to dialogue.

In his speech, Yoon also pledged to boost the economy, which has been hit hard by the COVID-19 pandemic. He said he would implement policies to create jobs, support small businesses and reduce regulations.

“Our economy is facing unprecedented challenges,” Yoon said. “We must overcome these challenges and create a more prosperous future for all Koreans.”

Yoon also spoke of the need to strengthen national defense. He said he would increase defense spending and develop new weapons systems to deter North Korean aggression.

“The security of our nation is paramount,” Yoon said. “We must be prepared to defend ourselves against any threat.”

Yoon’s speech was met with mixed reactions. Some praised his tough stance on North Korea and his commitment to economic growth. Others criticized his hawkish foreign policy and his plans to increase defense spending.

Despite the mixed reactions, Yoon’s speech signaled a clear break from the policies of his predecessor, Moon Jae-in, who had pursued a more conciliatory approach toward North Korea.

It remains to be seen whether Yoon will be able to achieve his ambitious goals. North Korea has shown no signs of willingness to give up its nuclear program, and the country’s economy is in a dire state. Additionally, Yoon will face domestic challenges, including a divided parliament and a public that is weary of conflict with North Korea.

Despite the challenges, Yoon’s speech signaled a new era in South Korea’s relations with North Korea and the wider world..

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