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S.Korea's new president demands North drop nuclear ambitions

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South Korea's president-elect Park Geun-Hye (C) from the ruling New Frontier Party, shouts her name with members of her election camp during a ceremony to disband the camp at the party headquarters in Seoul December 20, 2012. REUTERS/Jung Yeon-Je/Pool

South Korea's president-elect Park Geun-Hye (C) from the ruling New Frontier Party, shouts her name with members of her election camp during a ceremony to disband the camp at the party headquarters in Seoul December 20, 2012.

Credit: Reuters/Jung Yeon-Je/Pool

SEOUL | Mon Feb 25, 2013 7:57am IST

SEOUL (Reuters) - South Korea's new president Park Geun-hye urged North Korea on Monday to abandon its nuclear ambitions immediately and to stop wasting its scarce resources on arms development.

"I urge North Korea to abandon its nuclear ambitions without delay and embark on the path to peace and shared development," Park said as she was inaugurated as the country's first woman leader.

Park took office just 13 days after the North's young leader Kim Jong-un carried out the country's third nuclear weapons test, its most powerful to date.

(Reporting by Ju-min Park and Jack Kim; Editing by David Chance)

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