The Democratic Party of Korea (DPK; Korean: 더불어민주당; Hanja: 더불어民主黨; RR: Deobureominjudang; lit. Together Democratic Party), formerly known as the New Politics Alliance for Democracy (NPAD), is a liberal political party in South Korea. Controlling the unicameral National Assembly as of 2022, the DPK is regarded as one of two major parties in South Korea, along with its rival, the People Power Party (PPP). The party was founded on 26 March 2014 as a merger of the Democratic Party and the preparatory committee of the New Political Vision Party (NPVP).