ANL 31.50 Decreased By ▼ -0.29 (-0.91%)
ASC 18.90 Decreased By ▼ -0.83 (-4.21%)
ASL 26.27 Decreased By ▼ -0.13 (-0.49%)
AVN 91.95 Decreased By ▼ -0.05 (-0.05%)
BOP 8.30 Decreased By ▼ -0.06 (-0.72%)
BYCO 12.85 Increased By ▲ 0.06 (0.47%)
DGKC 127.20 Increased By ▲ 0.10 (0.08%)
EPCL 47.90 Decreased By ▼ -0.86 (-1.76%)
FCCL 24.18 Increased By ▲ 0.12 (0.5%)
FFBL 26.55 Increased By ▲ 0.25 (0.95%)
FFL 17.80 No Change ▼ 0.00 (0%)
HASCOL 11.32 Decreased By ▼ -1.01 (-8.19%)
HUBC 80.25 Decreased By ▼ -0.75 (-0.93%)
HUMNL 9.12 Increased By ▲ 0.36 (4.11%)
JSCL 23.40 Decreased By ▼ -0.93 (-3.82%)
KAPCO 43.07 Decreased By ▼ -0.18 (-0.42%)
KEL 4.30 Decreased By ▼ -0.21 (-4.66%)
LOTCHEM 15.99 Increased By ▲ 0.19 (1.2%)
MLCF 48.75 Increased By ▲ 0.10 (0.21%)
PAEL 35.40 Decreased By ▼ -0.40 (-1.12%)
PIBTL 11.96 Increased By ▲ 0.75 (6.69%)
POWER 10.20 Decreased By ▼ -0.16 (-1.54%)
PPL 90.49 Decreased By ▼ -0.66 (-0.72%)
PRL 26.15 Increased By ▲ 0.50 (1.95%)
PTC 13.00 Decreased By ▼ -0.01 (-0.08%)
SILK 1.84 Increased By ▲ 0.18 (10.84%)
SNGP 47.58 Decreased By ▼ -0.77 (-1.59%)
TRG 164.60 Decreased By ▼ -0.90 (-0.54%)
UNITY 44.75 Decreased By ▼ -2.35 (-4.99%)
WTL 4.14 Increased By ▲ 0.22 (5.61%)
BR100 5,278 Decreased By ▼ -22.7 (-0.43%)
BR30 27,522 Decreased By ▼ -167.85 (-0.61%)
KSE100 48,239 Decreased By ▼ -195.99 (-0.4%)
KSE30 19,426 Decreased By ▼ -94.82 (-0.49%)
World

South Korea's President Moon: 'America is back'

  • The process has been stalled ever since, despite a third encounter in the Demilitarized Zone that divides the peninsula.
21 Jan 2021

SEOUL: South Korean President Moon Jae-in, who brokered the talks process between Donald Trump and the North's leader Kim Jong Un, on Thursday congratulated Joe Biden on his inauguration as US president, tweeting: "America is back."

The relationship between treaty allies Seoul and Washington was at times deeply strained under Trump, who repeatedly excoriated the South for not paying enough towards the US troop presence in the country, demanding billions of dollars more.

In his first year in power, Trump raised widespread alarm in the South by engaging in personal insults and threats of war with Kim -- at one point accusing the pro-engagement Moon of "appeasement".

Biden has repeatedly spoken of the need to rebuild the United States' global standing and declared in his inauguration speech: "We will repair our alliances and engage with the world once again."

The centre-left Moon welcomed Biden's swearing-in on his verified Twitter account, writing: "America is back. America's new beginning will make democracy even greater.

"Together with the Korean people, I stand by your journey toward 'America United'", he added. "We go together!"

The US led the UN coalition forces that backed the South and fought North Korean and Chinese troops to a standstill in the 1950-53 Korean War, and Washington still stations around 28,500 of its forces in the South to defend it against its neighbour.

Moon seized on his hosting of the 2018 Winter Olympics to broker a dialogue between Trump and Kim that saw them hold an unprecedented summit in a blaze of publicity in Singapore.

At the time, they signed a vaguely worded statement on the denuclearisation of the Korean peninsula, but a second summit in Hanoi in early 2019 collapsed over sanctions relief and what the North would be willing to give up in return.

The process has been stalled ever since, despite a third encounter in the Demilitarized Zone that divides the peninsula.