South Korean President Offers Support to North Korea in Exchange for Denuclearization

Then-presidential candidate and now South Korean President Yoon Suk-yeol speaks at a campaign event in Seoul on March 1, 2022. Kim Hong-Ji/Reuters

The new president of South Korea said May 10 that he would provide North Korea with what he called “an audacious plan” to strengthen the economy of North Korea’s capital city Pyongyang in exchange for complete denuclearization.

Yoon Suk-yeol made the remarks following his inauguration ceremony in Seoul, South Korea, succeeding outgoing President Moon Jae-in.