Lee pledges to pursue peace on Korean peninsula

South Korean presidential frontrunner Lee Jae-myung on Sunday said, he would pursue peace on the Korean peninsula, criticising the ousted Yoon's tough policy on North Korea, which he said had raised tensions high, burdening the economy and adding to concerns among foreign investors.

- 

"We should maintain and strengthen our powerful defence capabilities, military power and strengthen the South Korea-US security alliance, but find a path towards dialogue, cooperation, communication and coexistence where possible," said Lee, who considers pragmatism as a key to diplomacy.

Lee also said the deadline to reach a deal with the US on President Donald Trump's trade tariffs needs to be reconsidered to find a mutually beneficial agreement between the two allies.

Tariff negotiations with the United States will be one of the biggest challenges for the winner of the June 3 election, Lee told a press conference.