South korea on edge: New acting president tackles dual crises
South Korea's acting president, Choi Sang Mok, stated on Friday, shortly after taking office, that the country's military is on heightened alert due to the increased risk of provocations from North Korea.
South Korea has raised the readiness of its armed forces in response to the growing threat from North Korea. This decision was announced by acting president Choi Sang Mok, who assumed office following the impeachment of the former acting president Han Duk Su. Choi emphasized the importance of stabilizing power in the country, stating that the government will take all measures to overcome the current political crisis.
"Minimizing turmoil in the government is extremely important right now," declared Choi, assuring that "the government will also make every effort to overcome this period of crisis."
61-year-old Choi, an experienced economist and serving as finance minister since December 2023, has pledged to calm the political situation. To achieve this, he chaired an informal meeting with representatives of major companies to alleviate the concerns of foreign investors and allies.
Political crisis and its consequences
The political crisis in South Korea intensified after an unsuccessful attempt to impose martial law by President Jun Suk Jeol, who was suspended from duties. Choi, who enjoys the trust of the Democratic Party that controls the parliament, opposed these actions, which contributed to his current position.
As a result of political turbulence, the South Korean won fell to its lowest level against the dollar in nearly 16 years. Choi, with extensive experience in the Ministry of Finance, is striving to counteract the economic impacts of political events.
Finance Minister Choi Sang Mok assumed the duties of the president after Han Duk Su was removed from office, a role he held for only two weeks. This marks the third president in a short period, reflecting deep political chaos in the country.
The political future of South Korea
Choi is likely to remain as the acting president for several months until the Constitutional Court decides on Jun's impeachment. The Court has 180 days to decide whether to approve the impeachment or reinstate Jun to his position.
If the impeachment is approved, presidential elections must be held within 60 days. On Friday, the Court held its first preparatory hearing on this matter.
The situation in South Korea is dynamic, and decisions made in the coming months will be crucial for the country's future. Choi Sang Mok, as the interim leader, faces the challenge of achieving political and economic stability in the face of tensions with North Korea.
Source: Polish Press Agency
