In his address for the 20th President's inauguration ceremony held at the National Assembly on May 10, President Yoon Suk-yeol said, "Based on liberal democracy and a market economy, we will rebuild a country where the people are the true masters."
He said, "I am standing here today with the calling of the times to make the country a nation that fulfills its responsibilities and roles in the international community. Thank you to all the people who have been with me on this historic occasion,”
"Based on the values of freedom, human rights, fairness and solidarity, we will surely build a country where the people are the true owners, and a country that is respected by the international community," said President Yoon.
“We will eliminate the source of polarization and conflict through rapid growth through innovation in science and technology,” he said.
As for North Korea, Yoon said, "We will prepare a bold plan that will dramatically improve the North Korean economy and the lives of its people if the North transfers to substantive denuclearization."
At the inauguration ceremony, President Yoon said, "We are facing global challenges due to the pandemic crisis, supply chain reorganization, and climate change, and democracy is not functioning properly due to anti-intellectualism."
"It is very important that we share universal values to solve difficulties. Value of freedom must be accurately recognized and rediscovered," he said.
“Looking back on human history, where free political rights and free markets were breathing, prosperity and abundance always blossomed. Prosperity, abundance, and economic growth are the extension of freedom.” he said.
“Freedom is a universal value, and all members of our society must be free citizens. In order for all to be free citizens, we must follow the rules of fairness and have a spirit of solidarity and philanthropy.” President Yoon said.
"If someone's freedom is violated or the conditions necessary to become a free citizen are not met, all citizens of the world should work together as free citizens to help," he said.
President Yoon said, “Korea, which is one of the world’s top 10 economic powers, should take a stance as a global leader in supporting and defending universal international norms based on the values of freedom and human rights.”
“Right now, our country cannot separate domestic and international issues. When we take the lead in the role that the international community expects of us, we can find the right way to solve domestic problems,” he said.
It is interpreted as emphasizing the expansion of the role of the Republic of Korea in the international community.
President Yoon defined the domestic situation as a political and economic crisis, but said, "If you look back on history, our people have overcome these situations wisely and courageously by joining forces every time it happens."
He said, “Excessive polarization and social conflict not only threaten freedom and democracy, but are holding back social development. We will eliminate the sources of polarization and conflict so that people can find new opportunities in the process of rapid growth.”
To this end, he said, “We will achieve innovation in science and technology through cooperation and solidarity with many countries.”
On North Korea's nuclear program, Yoon said, "It threats peace in Asia and the world, but we will keep the door of dialogue open for a peaceful resolution."
“We will prepare a bold plan that will dramatically improve the North Korean economy and the lives of North Koreans if the North transfers to substantive denuclearization,” he said.
“The denuclearization of North Korea will not only bring sustainable peace on the Korean Peninsula, but will also greatly contribute to peace and transformation in Asia and around the world,” he stressed.