PM reportedly preparing to offer resignation after local elections

“Prime Minister Kim Min-seok is preparing to offer his resignation after this week's local elections as he plans to run for the leadership of the ruling Democratic Party of Korea (DPK), news reports said Monday. Kim plans to express his intention to resign to President Lee Jae Myung right after Wednesday's local elections to run in the race for the party leader that will be determined at the party's national convention in August, the Kyunghyang Shinmun daily and other media outlets reported. But Kim is expected to remain in office until his successor becomes ready to take over, the reports said. The issue could be discussed when Kim holds a weekly lunch meeting with Lee on Monday. On Tuesday, Kim is also scheduled to hold a dinner party with Cabinet members, which some political observers say could be a farewell gathering, though Kim's office said the meeting was set up to mark the first anniversary of the inauguration of the Lee administration. Speculation has persisted for months that Kim, a key political ally of President Lee, could step down and try to take over the party from current

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