top of page

South Korea's president-elect vows a stronger economy

South Korean President-elect Yoon Suk-yeol has vowed to bring a stronger economy to protect the country’s national security interests. Yoon is set to take office on May 10. At a roundtable with academics, industry leaders, and former high-level government officials, Yoon said he will lay the groundwork for “economic security” referring to a strategy to deal with fallout from the unprecedented economic disruptions caused by the COVID-19 and the Ukraine war. The meeting was hosted by the Seoul Forum for International Affairs, a nonprofit policy think tank in the country. The Seoul Forum asked Yoon to set up a presidential task force committed to economic security, a request Yoon said he would review as he prepares to unveil his Cabinet next month. He added that he expects the forum to offer him constructive counsel from now on.

Comments


bottom of page