Lee Jae-myung assumed leadership of the Republic of Korea on Wednesday during a formal ceremony at Seoul's National Assembly, marking the start of his five-year presidential term. The inauguration follows his victory in snap elections called amid political shifts in East Asia.
The former Democratic Party leader pledged to address economic challenges and strengthen regional cooperation during his oath-taking ceremony attended by domestic and international dignitaries. Analysts anticipate his administration will focus on balancing technological innovation with social welfare reforms.
This transition comes as South Korea navigates evolving trade dynamics and geopolitical tensions in the Asia-Pacific region. Observers note Lee's background as Gyeonggi Province governor could influence his approach to urban development and cross-border economic partnerships.
