Daily Management Review

South Korea chooses new President


05/10/2017


Liberal politician Moon Jae-in won the presidential election in South Korea on Tuesday and officially took office on Wednesday, reports Reuters.



Mimacds
Mimacds
According to the South Korean media, during the early presidential elections he scored more than 41% of the vote: almost 13.5 million people voted for him.

Moon Jae-in’s victory in the elections is expected to put an end to months of political turmoil. These shocks led to both impeachment and removal from power of former Head of State Park Geun Hye in connection with her involvement in a corruption scandal. Park became the first democratically elected leader of South Korea, who was removed from office, and early elections were scheduled in connection with this.

Washington has already congratulated Moon Jae-in on the victory, and announced their intention to strengthen bilateral relations between the countries.

"We congratulate President-elect Moon Jae-in, and, together with the people of South Korea, we are celebrating the peaceful, democratic transition of power", the White House press service said, "We look forward to working with President-elect Moon to continue strengthening the alliance between the United States and the Republic Korea". 

The presidential campaign started in mid-April, but preparations for the elections began already in December 2016, as soon as Park Geun Hye resigned after voting in the parliament. She was elected to the presidency in 2012, being a leader of a conservative party. The impeachment of Park Geun Hye delivered a serious blow on the conservatives. The party changed its name (now it's the Korean Freedom Party), and nominated Hong Jun-pyo, a former governor of one of the country’s provinces, as a candidate. However, his chances were initially low, which the voting proved.

However, the victory of Moon Jae-in can add tension to the relationship with Washington. The elected president of South Korea has questioned the deployment of an American missile defense system in the country, and spoke in favor of a softer approach to North Korea. Meanwhile, the administration of US President Donald Trump is trying to increase pressure on Pyongyang and limit its nuclear and missile programs.

At the inauguration ceremony in the parliament, Moon Jae-in said that he intends to make every effort to ensure peace on the Korean peninsula, and is ready to visit Pyongyang for this purpose "if conditions for this happen". 

Earlier, South Korea stated that it would not pay the United States for the deployment of the THAAD anti-missile system on its territory, and also revise the free trade agreement. Trump then said that he wants South Korea to pay for a missile defense system, which, according to his estimates, will cost $ 1 billion. 

However, Moon Jae-in can soften its position on the issue of the deployment of the US missile defense system THAAD after taking office, an American official said on condition of anonymity to Reuters. 

source: reuters.com






Science & Technology

A City Is Can Be Converted To A Living Organism, Showcases China’s Huawei

Workers Would Be Helped To Lift More By These Robotic Vests

British Parliament to assess impact of e-cigarettes

Wind energy will provide 30% of Europe's needs by 2030

A Major Platform For Artificial Intelligence Is Its Mobile Devices: Apple

Rumor: Apple will release a budget version of iPhoneX

With China Set To Dominate, 1 Billion Could Be Using 5G By 2023

Deutsche Telekom unveils next gen 5G mobile antennas in Europe

Diamonds are now the new gold

Expert Body Says Driving In A Driverless Car In An Inebriated Condition Or On Drugs Should Be Legalized

World Politics

World & Politics

Japan demands to lift embargo on food from Fukushima

Bernard Arnault clarifies on Le Monde’s “Paradise Paper” report

South Korea and the U.S. present a united front against the North Korean leadership

Europe is preparing an alternative to NATO

Ten smartest cities in the world

Parties of Germany seek a common ground to create a coalition

Special counsel Robert Mueller’s Russian probe could see its first arrest today

Losing Steam Is North Korea’s Relationship With China – The Former’s Sole Ally