(CNN) South Korea's new President Yoon Suk Yeol promised an "audacious plan" to strengthen North Korea's economy in exchange for denuclearization in his inauguration speech Tuesday. "Today, we are faced with multiple crises," Yoon said, pointing to the Covid-19 pandemic, climate change, and a host of economic and social issues. "As the new President, I am deeply humbled by the awesome duty to lead our nation out of the latest crises," he added. Speaking in front of parliament, Yoon called North Korea's nuclear weapons program a "threat" to the region. But, he added, the door to dialogue and peaceful resolution remains open -- and he wanted to help improve life in North Korea in return for greater security.

Source: The North Africa Journal May 10, 2022 18:01 UTC