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S.Korea's Yoon suggests 'audacious' economic plan if N.Korea abandons nukes

10 Tháng Năm 2022

By Hyonhee Shin

SEOUL (Reuters) -South Korea's new president, Yoon Suk-yeol, said on Tuesday that North Korea's weapons programmes pose a threat but that he is ready to provide an "audacious" economic plan if the North is committed to denuclearisation.

Yoon gave the remarks in his inauguration speech after being sworn in at a ceremony in Seoul. He won a tight election in March as the standard bearer of the main conservative People Power Party, less than a year after entering politics following a 26-year career as a prosecutor.

Yoon, 61, will face two major problems as he takes office: a belligerent North Korea testing new weapons and inflation threatening to undermine an economic recovery from two years of COVID-19 gloom.

He has signalled a tougher line on North Korea, warning of a preemptive strike if there is a sign of an imminent attack and vowing to strengthen the South's deterrent capability. But his speech was seen as focused more on his willingness to reopen stalled denuclearisation talks with Pyongyang.

"While North Korea's nuclear weapon programs are a threat not only to our security and that of Northeast Asia, the door to dialogue will remain open so that we can peacefully resolve this threat," Yoon said.

"If North Korea genuinely embarks on a process to complete denuclearisation, we are prepared to work with the international community to present an audacious plan that will vastly strengthen North Korea's economy and improve the quality of life for its people," he added.

Yoon did not elaborate on his plan to re-engage or provide economic incentives to the North. But his national security adviser, Kim Sung-han, told Reuters during the election campaign that the Yoon government would devise a roadmap in early days in which Pyongyang could quickly earn sanctions relief or economic aid in exchange for denuclearisation measures.

Yoon could face a security crisis if North Korea carries out its first nuclear test in five years, as U.S. and South Korean officials warned, after it broke a 2017 moratorium on long-range missile testing in March.

'TROUBLING SPEED OF ANTI-INTELLECTUALISM'

Yoon won the election on a platform of fighting corruption and creating a more level economic playing field amid deepening public frustration with inequality and housing prices, as well as simmering gender and generational rivalry.

South Korea's inflation hit a more than 13-year high last month as Russia's invasion of Ukraine sent commodity prices soaring, boosting expectations of more interest rate rises, which could dampen growth prospects.

Yoon did not mention inflation, but cited low growth, rising unemployment and wage gaps as key economic challenges, pledging to address those by focusing on developing science, technology and innovation.

Some 40,000 people attended the ceremony on the front lawn of parliament, including about 300 foreign guests, including Chinese Vice President Wang Qishan, Japanese Foreign Minister Yoshimasa Hayashi, and Douglas Emhoff, the husband of U.S. Vice President Kamala Harris.

Yoon separately met Hayashi and thanked him for conveying a letter from Prime Minister Fumio Kishida, saying he hoped to meet him soon and work together to improve relations.

After the inauguration, Yoon moved to a new office at a former defence ministry building inside a sprawling compound, holding his first meeting with aides and appointing seven cabinet nominees who had passed their confirmation hearings, including finance and defence ministers.

He has moved the presidential office and residence from the traditional Blue House under a $40 million plan, though his predecessor Moon Jae-in criticised it as rushed and a national security risk.

A separate event was held at the Blue House, where 74 citizens selected by lottery entered the long enclosed complex, which was opened to the public for the first time in 74 years.

Yoon had called the office a "symbol of absolute power," and said it would be used as a public park and cultural space.

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28-05-2022 21:24:03 (UTC+7)

EUR/USD

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EUR/USD

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 EUR/USD1.0735↑ Buy
 GBP/USD1.2629Sell
 USD/JPY127.13↑ Buy
 AUD/USD0.7161↑ Buy
 USD/CAD1.2723Neutral
 EUR/JPY136.48↑ Buy
 EUR/CHF1.0278↑ Buy
 Gold1,851.64↑ Buy
 Silver22.130↑ Buy
 Copper4.3225↑ Sell
 Crude Oil WTI115.07↑ Sell
 Brent Oil115.32↑ Sell
 Natural Gas8.708↑ Buy
 US Coffee C228.65↑ Sell
 Euro Stoxx 503,808.86↑ Buy
 S&P 5004,158.24↑ Buy
 DAX14,462.19↑ Buy
 FTSE 1007,585.46Sell
 Hang Seng20,697.36↑ Buy
 Small Cap 20001,887.90Neutral
 IBEX 358,933.60↑ Buy
 BASF51.110Neutral
 Bayer66.58↑ Buy
 Allianz200.20↑ Buy
 Adidas179.96↑ Buy
 Lufthansa6.881↑ Buy
 Siemens AG121.86Buy
 Deutsche Bank AG10.392↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,830/ 6,940
(0/ 0) # 1,716
SJC HCM6,850/ 6,950
(-5/ -5) # 1,738
SJC Hanoi6,850/ 6,952
(-5/ -5) # 1,740
SJC Danang6,850/ 6,952
(-5/ -5) # 1,740
SJC Nhatrang6,850/ 6,952
(-5/ -5) # 1,740
SJC Cantho6,850/ 6,952
(-5/ -5) # 1,740
Cập nhật 28-05-2022 21:24:08
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Sản phẩmVùng 1Vùng 2
RON 95-V31.25031.870
RON 95-III30.65031.260
E5 RON 92-II29.63030.220
DO 0.05S25.55026.060
DO 0,001S-V26.35026.870
Dầu hỏa 2-K24.40024.880
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.030,0023.340,00
EUR24.263,1125.622,23
GBP28.523,9629.740,84
JPY177,60188,03
KRW15,9119,38
Cập nhật lúc 18:52:52 28/05/2022
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