South Korean President Yoon Suk-yeol Declares Emergency Martial Law

On the evening of the 3rd, the Korean News Agency urgently reported that South Korean President Yoon Suk-yeol has declared a state of emergency martial law. As a result, South Korean ETFs fell over 1.8% in pre-market trading.

On the same day, Yoon Suk-yeol delivered an emergency address at the Blue House in Yongsan, Seoul, announcing the implementation of emergency martial law to safeguard the constitutional order of freedom.

South Korean President Yoon Suk-yeol delivered an emergency address this evening, declaring the implementation of emergency martial law and stating that it is to eliminate pro-North Korea forces and protect the free constitutional system.

In his address, Yoon Suk-yeol pointed out that the National Assembly has proposed 22 impeachment cases against government officials since the current administration took office, with 10 of these being proposed after new members of the National Assembly were elected in June this year, describing it as an unprecedented situation in any country in the world.

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