President Yoon Suk Yeol’s mysterious martial law declaration and subsequent attempt to impeach him are threatening the recent export momentum of Korea’s defense contractors. Potential partner countries are calling off their planned talks in the wake of the political unrest.

Swedish Prime Minister Ulf Kristersson has postponed his planned visit to South Korea following President Yoon Suk Yeol's brief declaration and subsequent lifting of martial law. The decision to delay the visit was made in response to the recent political developments in South Korea.

From trade and diplomacy to markets and budgets, South Korea struggled to contain the fallout from the president's brief but shocking martial law attempt last week, just as the country navigates an uncertain future with its ally the United States.

The South Korean government ordered an overseas travel ban on President Yoon Suk Yeol as he faces investigation over a short-lived martial law declaration.