• 2026.03.06 (Fri)
  • 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

  • Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published

  • Commissioner of Overseas Koreans Agency Visits Koryo-in Community in Incheon to Discuss Support for Settlement

  • Two Falls and a Miracle Run: Choi Ga-on Becomes First Korean to Win Winter Olympic Gold on Snow

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

Comments 0

Weekly Hot Issue

  • The Illusion of a "Stress-Relieving" Smoke: Study Finds Smokers More Prone to Depression
  • From Table to Space: Japan Unveils Edible Spoons Made of Cookies
  • Luckin Coffee Shakes Up Global Market with Blue Bottle Acquisition
  • U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports
  • Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds
  • Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published
광고문의
임시1
임시3
임시2

Hot Issue

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds

U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports

Industrial Output Dips in January Amid Semiconductor Adjustments; Middle East Tensions Loom as Wild Card

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

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
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
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