Lee Jae-myung was reelected to a second term as leader of the Democratic Party (DP) at the party's national convention on August 18, reaffirming his strong political influence, often referred to as “Lee-dership after all” (meaning, "Lee is the party leader anyway"). Meanwhile, People Power Party (PPP) leader Han Dong-hoon has finalized key party appointments and completed the formation of his leadership team.

With the leadership of both major parties now established and the National Assembly's regular session right around the corner, all eyes are now on legislative direction.

To find out more about Korea's latest political developments, please see the full report attached below.