Democratic Party of Korea Rep. Lee Jae-myung has officially announced his candidacy for the leadership of the main opposition party, following his resignation as chairman two weeks earlier. Observers believe he is likely to be reelected at the party's convention next month, as he had previously won 77.77 percent of the vote at the national convention in August 2022. At a press conference in Seoul, Lee emphasized his commitment to creating a hopeful future for the country and referenced recent political shifts in other countries, as well as his determination to serve the people following a recent knife attack against him. Despite ongoing legal challenges and political developments, the Democratic Party is preparing for its national convention on August 18, where Lee is expected to face off against former South Gyeongsang Province Gov. Kim Doo-kwan in a two-way race. The party has also proposed a motion to impeach four prosecutors, including those involved in corruption investigations against Lee. Last month, Lee was charged with third-party bribery and violations of the Foreign Exchange Transactions Act and Inter-Korean Exchange and Cooperation Act, adding to the three existing court cases against him. Despite these challenges, Lee is pressing ahead with his bid for party leadership.