South Korean President Lee Begins Term Vowing Economic Revival, National Unity

South Korea's newly sworn-in liberal President Lee Jae-myung has pledged to heal the nation from the turmoil caused by the recent martial law attempt and to revive the struggling economy amid global protectionism. Lee plans to adopt pragmatic, pro-market policies focusing on deregulation, innovation, and growth, with significant investments in future industries like artificial intelligence and cultural exports. He emphasized restoring democratic order by reinforcing civilian control over the military, reducing presidential martial law authority, and reforming judicial and prosecution systems to enhance transparency and public trust. On foreign policy, Lee seeks pragmatic diplomacy centered on national interests, strengthening alliances with the U.S. and Japan while reopening dialogue with North Korea to build lasting peace. Additionally, Lee aims to ease household debt, support small businesses, and create a fair economic system through comprehensive financial reforms and local economic revitalization. His leadership marks a significant shift following the impeachment of former President Yoon Suk-yeol, with Lee winning the election decisively in a record-high turnout.