With Yoon Suk-yeol’s impeachment ruling nearing, Lee pitches economic stimulus and labor reform
South Korea’s main opposition Democratic Party (DP)leader Lee Jae-myung delivered a sweeping address at the National Assembly on Monday, outlining his vision for national recovery and economic growth. In his speech, Lee condemned President Yoon Suk-yeol’s martial law declaration as an attempted coup and vowed to defend South Korea’s democratic order. He also presented a broad policy agenda, including a $20.6 billion (30 trillion won) supplementary budget, labor market reforms such as a transition to a four-day workweek and increased investment in AI, biotechnology and renewable energy.
While emphasizing economic stimulus and technological competitiveness, Lee also pledged to protect workers’ rights and social safety nets, proposing an expansion of public welfare and universal basic services. On foreign policy, he reiterated his support for a strong U.S.-ROK alliance while advocating for a diplomatic approach to North Korea. The speech came as the Constitutional Court deliberates on whether to uphold Yoon’s impeachment, a ruling that could trigger a snap presidential election within 60 days.
South Korea’s main opposition Democratic Party (DP)leader Lee Jae-myung delivered a sweeping address at the National Assembly on Monday, outlining his vision for national recovery and economic growth. In his speech, Lee condemned President Yoon Suk-yeol’s martial law declaration as an attempted coup and vowed to defend South Korea’s democratic order. He also presented a broad policy agenda, including a $20.6 billion (30 trillion won) supplementary budget, labor market reforms such as a transition to a four-day workweek and increased investment in AI, biotechnology and renewable energy.
While emphasizing economic stimulus and technological competitiveness, Lee also pledged to protect workers’ rights and social safety nets, proposing an expansion of public welfare and universal basic services. On foreign policy, he reiterated his support for a strong U.S.-ROK alliance while advocating for a diplomatic approach to North Korea. The speech came as the Constitutional Court deliberates on whether to uphold Yoon’s impeachment, a ruling that could trigger a snap presidential election within 60 days.
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