South Korea's President-Elect Says Will Engage North More

South Korean president-elect Park Geun-Hye has made it clear she would make no concessions on national security while pursuing greater engagement with North Korea. 

In her first policy address since her election on Wednesday, she stressed what she called the grave security threat posed by the North, which was underscored by last week's rocket launch. 

Ms Park also promised to work for regional stability in Northeast Asia where South Korea, China and Japan are engaged in a series of bitter territorial disputes. 

During her campaign, Ms Park distanced herself from the hardline policy of outgoing President Lee Myung-Bak. 

He had suspended humanitarian aid to Pyongyang. 

Ms Park has promised a dual policy of greater engagement and robust deterrence. 

She has also not ruled out a summit with Pyongyang's young leader Kim Jong-Un, who came to power a year ago.