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Korea, South

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Index
  1. Korea, South Main Page
  2. U.S., UN Troops Support South Korea
  3. Instability Follows Truce
  4. North Korea Tests Sunshine Policy
  5. Series of Leaders Encounter Criticism
  6. Tension Flares Between North and South Over Sinking of Sub
  7. Rivalry with Japan Intensifies Under Lee
  8. South Korea Elects First Female President
Series of Leaders Encounter Criticism

Prime Minister Lee Hae Chan resigned under pressure in March 2006, after facing intense criticism for playing golf rather than dealing with a national railway workers' strike. He was replaced by Han Duck Soo.

For the first time in 56 years, trains passed between North and South Korea in May 2007. While the event was mostly symbolic, it was considered an important step toward reconciliation.

In October 2007, President Roh Moo Hyun and North Korean leader Kim Jong Il met for their second ever inter-Korean summit. The leaders forged a deal to work together on several economic projects and agreed to move toward signing a treaty that would formally end the Korean War.

Lee Myung-bak, of the opposition Grand National Party, won December's presidential elections, taking 48.7% of the vote. Chung Dong-yong, who was endorsed by outgoing president Roh Moo-hyun, took 26.1%. Lee had been dogged by allegations of ethical improprieties, and the National Assembly voted two days before the election to reopen an investigation into whether he manipulated the stock of an investment company. In Jan. 2008, he named Han Seung Soo as his prime minister. A special prosecutor cleared Lee of the fraud allegations, and less than a week later he was sworn in as president. Lee said he would work to improve South Korea's economy and forge closer ties with the United States.

In June, just months into his presidency, Lee faced massive protests in Seoul over his decision to resume imports of American beef, which was banned in 2003 after mad cow disease was diagnosed in the U.S. The protests, which took place in Seoul for about six weeks before peaking on June 10, implied overall dissatisfaction with President Lee. Prime Minister Han Seung-soo and all 15 cabinet members submitted their resignations. Three ministers were replaced, but President Lee refused to accept the other resignations. South Korea and the U.S. reached an agreement that said the U.S. would not export beef from cattle under 30 months of age.

Lee's troubles worsened during the global financial crisis that crippled many nations in the fall of 2008. His detractors criticized his response to the turmoil as inconsistent and muddled.

Next: Tension Flares Between North and South Over Sinking of Sub
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