Governor Lee Jae-myung to Resign on the 26th... Officially Entering Presidential Race

Lee Jae-myung, governor of Gyeonggi Province and the Democratic Party's presidential candidate, is answering questions from reporters after the National Assembly Land, Infrastructure and Transport Committee's audit of Gyeonggi Province concluded on the 20th.

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, will resign from his position as Governor of Gyeonggi Province on the 26th.

On the 22nd, Gyeonggi Province announced in a statement regarding Lee Jae-myung's resignation timing that he will serve as Governor of Gyeonggi Province until midnight on Monday, the 25th, and resign on the 26th.

The province added that it plans to prepare a schedule for his farewell, including a press conference on the 25th, and will announce details separately.

Initially, there was speculation that Lee might resign early after the Democratic Party's presidential primary ended on the 10th.

However, amid rampant speculation regarding the Daejang-dong public-private development project that he promoted while serving as Mayor of Seongnam, he judged that resigning as governor could cause greater confusion. Therefore, he appeared as an institutional witness at the National Assembly’s audit of Gyeonggi Province on the 18th (Administrative and Safety Committee) and the 20th (Land, Infrastructure and Transport Committee).

Meanwhile, on the 22nd, Lee visited Gwangju and paid respects at the May 18th Cemetery, officially beginning his schedule as a presidential candidate.

This content was produced with the assistance of AI translation services.