East Asia Forum | Choong Yong Ahn Distinguished Professor, Graduate School of International Studies, Chung-Ang University
Input: 2022.07.11
South Korean President Yoon Suk-yeol set the tone of South Korea’s new economic diplomacy by declaring he would ‘build a nation that espouses liberal democracy and ensures a thriving market economy’. Yoon’s commitment in his inaugural address on 10 May 2022 to ‘work together with like-minded nations that respect freedom’ is particularly important for Seoul to navigate turbulent economic competition in the Asia Pacific amid an ever-intensifying US–China rivalry.
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Sources: https://www.eastasiaforum.org/2022/07/05/yoon-vows-to-build-a-value-based-alliance-with-washington/

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