S Korea's acting prez calms markets, reassures allies
Financial Express Bengaluru|December 16, 2024
SOUTH KOREA'S ACTING president, Han Duck-soo, moved on Sunday to reassure the country's allies and calm financial markets a day after President Yoon Suk Yeol was impeached and suspended from his duties over a martial law attempt.
Alessandra Migliaccio

Han spoke with US President Joe Biden by phone, the White House and Han's office said.

"South Korea will carry out its foreign and security policies without disruption and strive to ensure the South Korea-US alliance is maintained and developed steadfastly," Han said, according to a statement from his office.

In a further attempt to stabilise the Asian nation's leadership, the main opposition party announced it would not seek to impeach Han for his involvement in Yoon's December 3 martial law decision.

This story is from the December 16, 2024 edition of Financial Express Bengaluru.

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This story is from the December 16, 2024 edition of Financial Express Bengaluru.

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