Author Topic: U.S. and South Korea Ink Deal Increasing Seoul's Share of Military Costs  (Read 326 times)

0 Members and 1 Guest are viewing this topic.

rangerrebew

  • Guest
U.S. and South Korea Ink Deal Increasing Seoul's Share of Military Costs
 
By Associated Press 5:03 AM EST

(±±SEOUL, South Korea) — South Korea and the United States on Friday signed a deal that would increase Seoul’s financial contribution for the deployment of U.S. troops in the Asian country.

After rounds of failed negotiations, chief delegates from the two countries last month agreed on Seoul paying about 1.04 trillion won ($924 million) in 2019 for the U.S. military presence, up from about $830 million last year.

President Donald Trump earlier pressured Seoul to increase its share, triggering worries in South Korea that he might withdraw some of the 28,500 U.S. troops here if Seoul refused to accept his demand.

http://time.com/5547892/south-korea-military-payment/