• 2026.06.28 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

President Lee Commits to Backing Businesses, Strengthening Global Competitiveness at Inaugural Ceremony

KO YONG-CHUL Reporter / Updated : 2025-08-20 12:20:00
  • -
  • +
  • Print

SEOUL – In a grand ceremony that symbolically replaced his official inauguration, President Lee Jae-myung has outlined a vision of national empowerment and economic revitalization. Speaking at the "Gwangbok 80th Anniversary, Building the Future with National Sovereignty" event, President Lee stressed his administration's commitment to supporting the business community and fostering a climate of innovation.

"The government will be a strong backer so that entrepreneurs can compete proudly on the world stage," President Lee said, promising to ease regulations and expand financial support for small and medium-sized enterprises (SMEs). This pledge was met with enthusiasm from the SME community, which sees this as a new opportunity for growth.

The President's address also touched upon his diplomatic agenda, highlighting a forward-looking approach to relations with Japan and North Korea. He called for a phased restoration of the 9·19 military agreement with North Korea to build trust and prevent conflicts, a move welcomed by the business sector for its potential to revive inter-Korean economic cooperation.

Held 72 days into his term, the ceremony marked a new beginning for the administration. President Lee’s emphasis on "a country where the people are the owners" and his promise to ensure all citizens share in the fruits of national development resonated with the 3,500 attendees and 80 national representatives. He concluded by calling for national unity to overcome current challenges and build a more prosperous future.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Samsung
  • #Daewoo
  • #Hyosung
  • #A
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Our Embassy met on Friday, May 29, with the Kkottongnae brothers, who run a nursing home in the city of Caacupé, to learn about their main activities and future plans.

  • Ambassador Hyuk-Sang Sohn participated on May 26 in the signing ceremony of the Discussion Memorandum

  • Personal Interest Engraved on the Dollar: Witnessing the Regression of American Democracy

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065583125412714 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won 
  • Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation
  • Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis
  • Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante
  • South Korea's Path to Round of 32 Grows Perilous Following Australia-Paraguay Draw
  • The True Face of Our Politics After Stripping Away the Mask of Fairness

Most Viewed

1
Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held
2
Embassy of Pakistan in Seoul Hosts Commemorative Event for the 150th Birth Anniversary of Muhammad Ali Jinnah
3
KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
4
Kim Yoon-ji Appointed as New President of KOCCA: “Leading the Global Expansion of K-Culture”
5
'K-Medicine' Sweep Drives Foreign Medical Spending in Korea to Record High of 250 Billion Won
광고문의
임시1
임시3
임시2

Hot Issue

Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis

Political Debates Spark Over Semiconductor "Windfall" Redistribution

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers