South Korea's acting president moves to reassure allies, calm markets after impeachment
SEOUL -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."South Korea will carry out its foreign and security policies without disruption and strive to ensure the South Korea-U.S. alliance is maintained and developed steadfastly," Han said, according to a statement from his office.
Biden told Han the ironclad U.S.-South Korea alliance remained unchanged and Washington would work with Seoul to further develop and strengthen the alliance as well as trilateral cooperation including neighbour Japan, Han's office said. South Korea’s partners wanted to see a credible and constitutional temporary leadership put in place as soon as possible, said Philip Turner, a former New Zealand ambassador to South Korea.
"During that time Korea’s highly competent professional bureaucracy can be relied on to keep the country’s foreign policy running, but they will find it hard to provide clear direction," Turner said.South Korean shares rose for a fourth straight session on Friday on hopes that the political uncertainty would ease after the impeachment vote in parliament, which followed a failed vote a week earlier.
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