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General Category => World News => Topic started by: TomSea on February 10, 2019, 05:56:20 PM

Title: After Trump’s Demand, South Korea Signs Deal to Pay More for US Troops
Post by: TomSea on February 10, 2019, 05:56:20 PM
Quote
After Trump’s Demand, South Korea Signs Deal to Pay More for US Troops
By Ivan Pentchoukov
February 10, 2019 Updated: February 10, 2019

South Korea will pay $60 million more for the upkeep of U.S. troops on its territory—this after President Donald Trump demanded that Seoul boost its contribution. The two nations inked a short-term deal on Feb. 10 increasing South Korea’s annual bill by 6.75 percent to $890 million.

On the campaign trail, Trump promised American voters he would fight to secure fair deals for the United States on the world stage. America’s NATO allies have boosted military spending by $100 billion after similar demands from Trump.

The South Korean Parliament has to approve the agreement before it becomes final. Unlike prior deals, which have lasted five years, the one signed on Feb. 10 expires in one year. Bargaining for 2020 funding is likely to restart in months.

Read more at: https://www.theepochtimes.com/after-trumps-demand-south-korea-signs-deal-to-pay-more-for-u-s-troops_2795900.html (https://www.theepochtimes.com/after-trumps-demand-south-korea-signs-deal-to-pay-more-for-u-s-troops_2795900.html)