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South Korea’s new president Lee Jae-myung vows economic revival

South Korea's new liberal President Lee Jae-myung began his term on Wednesday, vowing to raise the country from the turmoil of a martial law crisis and revive an economy reeling from slowing growth and the threat of global protectionism.

By Go Nakamura, Kim Hong-Ji and Kim Soo-hyeon / Reuters

June 3, 2025

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South Korea's President-elect Lee Jae-myung departs for the National Assembly to attend his inauguration ceremony, in Incheon, South Korea, June 4.
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South Korea's President-elect Lee Jae-myung and his wife Kim Hye-kyung depart for the National Assembly to attend his inauguration ceremony, in Incheon, South Korea, June 4.
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South Korea's President-elect Lee Jae-myung departs for the National Assembly to attend his inauguration ceremony, in Incheon, South Korea, June 4.
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South Korea's President-elect Lee Jae-myung departs for the National Assembly to attend his inauguration ceremony, in Incheon, South Korea, June 4.
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Supporters hand flowers to South Korea's President-elect Lee Jae-myung departs for the National Assembly to attend his inauguration ceremony, in Incheon, South Korea, June 4.
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South Korea's President-elect Lee Jae-myung departs for the National Assembly to attend his inauguration ceremony, in Incheon, South Korea, June 4.
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Lee Jae-myung, the presidential candidate for South Korea's Democratic Party, and his wife Kim Hye-kyung bow, as he greets his supporters in front of the National Assembly in Seoul, South Korea, June 4.
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Lee Jae-myung, the presidential candidate for South Korea's Democratic Party, gestures while standing next to his wife Kim Hye-kyung, as he greets his supporters in front of the National Assembly in Seoul, South Korea, June 4.
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Lee Jae-myung, the presidential candidate for South Korea's Democratic Party, gestures while standing next to his wife Kim Hye-kyung, as he greets his supporters in front of the National Assembly in Seoul, South Korea, June 4.
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Lee Jae-myung, the presidential candidate for South Korea's Democratic Party, gestures as he greets his supporters in front of the National Assembly in Seoul, South Korea, June 4.
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Supporters of Lee Jae-myung, the presidential candidate of South Korea's Democratic Party, gather outside of National Assembly, in Seoul, South Korea, June 4.
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Lee Jae-myung, the presidential candidate for South Korea's Democratic Party, and his wife Kim Hye-kyung bow, as he greets his supporters in front of the National Assembly in Seoul, South Korea, June 4.
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Supporters of Lee Jae-myung, the presidential candidate of South Korea's Democratic Party, react after Lee Jae-myung was announced to be the winner of the presidential election by South Korea's main broadcasters KBS, MBC, SBS and JTBC, outside of National Assembly, in Seoul, South Korea, June 3.
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Supporters of Lee Jae-myung, the presidential candidate of South Korea's Democratic Party, gather on the day of the presidential election, outside of National Assembly, in Seoul, South Korea, June 3.
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