New South Korean president touts 'audacious plan' for North Korea if it drops nuclear program

South Korean President Yoon Suk-yeol takes an oath during his inauguration at the National Assembly on Tuesday. Photo: Jeon Heon-Kyun - Pool/Getty Images

Yoon Suk-yeol, who was inaugurated as South Korea's president on Tuesday, comes to office promising a harder line on North Korea and closer relations with the U.S.to "firmly deal with illicit, unreasonable behavior by North Korea" but "leave open the door for South-North talks" — a pledge the conservative leader emphasized during his inauguration, along with an "audacious plan" to bolster Pyongyang's economy if it commits to full denuclearization.

"While North Korea's nuclear weapon programs are a threat, not only to our security but also to Northeast Asia, the door to dialogue will remain open so that we can peacefully resolve this threat," Yoon said outside parliament in Seoul,"If North Korea genuinely embarks on a process to complete denuclearization, we are prepared to work with the international community to present an audacious plan that will vastly strengthen North Korea’s economy and improve the quality of life...

"North Korea’s denuclearization will greatly contribute to bringing lasting peace and prosperity on the Korean Peninsula and beyond."The former public prosecutor and political newcomer takes power under fairly ominous circumstances. North Korea has conducted 14 missile tests already this year, includingSupreme Leader Kim Jong-un promised to expand his nuclear arsenal "at the fastest possible speed​" during a military parade last month.

Yoon, by contrast, promised to make strengthening the alliance with Washington "the central axis" of his foreign policy, promised to take a

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