President Yoon Suk-yeol held an inauguration ceremony on May 10th and was officially inaugurated as South Korea’s 20th president for a five-year term.About 41,000 people attended the inauguration ceremony held at the National Assembly in Yeouido, Seoul, at 11 a.m. on the same day.
In his inauguration speech, President Yoon said, "Today, based on the liberal democracy, we are here with the call of the times to re-establish a nation where the people are the true owners and make a nation that fulfills its responsibilities and roles in the international community."Citing domestic and foreign issues such as the pandemic crisis, trade order change and supply chain reorganization, climate change, food and energy crisis and peaceful resolution of conflicts, he pointed out that politics that must solve these problems are not working well due to the democratic crisis.The biggest reason was anti-intellectualism. President Yoon pointed out, "The truth is distorted by excessive and collective conflicts between nations and within the country. Anti-intellectualism, which selects only the facts that each person wants to see and hear, or suppresses the majority opinion, is putting democracy in crisis.""It is very important to share universal values to solve this difficulty. It is freedom”, he said. We must recognize the value of freedom correctly and accurately. We need to rediscover the value of freedom."South Korea is not only threatening freedom and democracy, but also hindering social development," President Yoon said. "It is difficult to solve this problem without taking off and achieving high growth."He also said, "In the process of rapid growth, many people can find new opportunities and increase social mobility to eliminate the source of polarization and conflict." "The rapid growth can only be achieved through science, technology, and innovation."
Regarding North Korea policy, he said, "We will open the door to a peaceful resolution of North Korea's nuclear development, which threatens not only the Korean Peninsula but also Asia and even the world. If North Korea stops developing nuclear weapons and turns to substantial denuclearization, it will work with the international community to come up with a bold plan.""North Korea's denuclearization will not only bring sustainable peace on the Korean Peninsula, but also contribute greatly to peace and prosperity in Asia and around the world," he added.“We are one of the world's top 10 economies and should play a more leading role in protecting and expanding the freedoms and human rights of citizens not only in our nation but also around the world”, Yoon said.He emphasized that “based on the values of freedom, human rights, fairness, and solidarity, we will make sure to create a nation where people become true masters and respected by the international community”