Korea’s new acting president reassures economy resilient, security tight

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The story "Korea’s new acting president reassures economy resilient, security tight" was covered 16 hours ago by Korea Economic Daily, a news publisher based in South Korea.

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Korea’s new acting president reassures economy resilient, security tight - Korea Economic Daily

Quick Summary:

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national security is tight despite growing concerns about the political wrangling between the rival parties over President Yoon Suk Yeol’s short-lived martial law declaration and his impeachment earlier this month.“The government will do its utmost to focus on stabilizing state affairs amid ongoing political turbulence,” he said in a written statement addressed to the nation.

Separately, he urged the military to remain on high alert, citing the possibility of provocations from North Korea.“Readiness posture should be maintained to prevent North Korea from making any rash moves and uphold a firm security stance based on the strong South Korea-US alliance,” he said.

Choi, who also doubles as deputy prime minister for economic affairs and finance minister, became the interim leader following the impeachment and suspension of duties of Acting President Han Duck-soo in Parliament earlier in the day.