In this week’s episode of The Korea Pro Podcast, Jeongmin, John and Joon Ha examine how leadership changes, security signaling and headline economic data are reshaping South Korea’s policy narrative at the start of 2026.
The episode opens with an internal milestone at Korea Pro, as Jeongmin announces John’s promotion to managing editor. John invites listeners to submit new pitch ideas as Korea Pro broadens its analytical coverage.
The discussion then turns to President Lee Jae Myung’s New Year address. Joon Ha unpacks the national security dimensions of the speech, while John focuses on Lee’s emphasis on industrial accidents, workplace safety and the political implications of framing economic growth through risk prevention.
From there, the hosts assess developments in alliance management, revisiting last year’s postponement of parts of the Ulchi Freedom Shield exercises and the decision by Washington and Seoul to complete the full slate of drills before the end of 2025.
The conversation shifts to trade data, where South Korea’s record $709 billion export figure for 2025 is put under scrutiny. John challenges the government narrative by highlighting the gap between export value growth and weak export volume expansion.
The episode also examines the political fallout from President Lee’s appointment of Lee Hye-hoon as the inaugural minister of the new Ministry of Planning and Budget, tracing her cross-camp political history and explaining why her nomination has drawn criticism from both the ruling Democratic Party and the main opposition People Power Party.
The episode concludes with a rapid-fire domestic political update, including the Democratic Party exit of Kang Sun-woo amid bribery allegations, the resignation of former floor leader Kim Byung-kee over abuse-of-power claims, and a look ahead to President Lee’s upcoming visit to Beijing for talks with Chinese leader Xi Jinping.
About the podcast: The Korea Pro Podcast is a weekly conversation hosted by Korea Risk Group Executive Director Jeongmin Kim, Managing Editor John Lee and correspondent Joon Ha Park, delivering deep, clear analysis of South Korean politics, diplomacy, security, society and technology for professionals who need more than headlines. Uploaded every Friday.
This episode was recorded on Friday, Jan. 2, 2026.
Audio edited by Gaby Magnuson
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