News & Insights

Korea’s economic and security policy just turned a significant new page. The recent APEC 2025 summit in Gyeongju and the conclusion of the first National Assembly audit under the Lee administration have created new opportunities and challenges for bu...

The 2025 National Assembly audit, set to begin on October 13, is poised to be a pivotal moment for the new Lee administration. In a reversal of typical audit dynamics, the ruling party has the upper hand, ready to scrutinize the previous government's...

In its first 100 days, the Lee administration has moved decisively to define Korea’s position in the global arena and its domestic priorities. On the foreign policy front, President Lee Jae-myung’s first bilateral visits—to Tokyo, then Washington—sig...

In a high-stakes early test of leadership, President Lee Jae-myung reached a last-minute tariff deal with the U.S., averting sharp hikes on U.S.-bound Korean exports. The agreement lowered auto and reciprocal tariffs from 25% to 15%, with further imp...

Just over 3 weeks after taking office on 4 June, President Lee Jae-myung has already made a series of moves toward forming his cabinet and administration more broadly, including nominating longtime political ally Kim Min-seok as Prime Minister.With t...

Following Korea’s second by-election in the past ten years, Democratic Party candidate Lee Jae-myung was elected as the country’s 21st president early Wednesday morning, by an 8% margin over the runner-up.Lee was carried into office by a three-decade...