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US and South Korea reach new cost sharing deal for troops

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The negotiations had damaged down through the Trump administration over a U.S. demand that Seoul pay 5 instances what it beforehand had paid.

WASHINGTON — The US and South Korea have reached settlement in precept on a brand new association for sharing the price of the American troop presence, which is meant as a bulwark in opposition to the specter of North Korean aggression.

The State Division’s Bureau of Political-Army Affairs mentioned the deal features a “negotiated improve” in Seoul’s share of the price, however it supplied no particulars. The Bureau wrote on Twitter that the settlement, if finalized, would reaffirm the U.S.-South Korean treaty alliance as “the linchpin of peace, safety and prosperity for Northeast Asia.”

The negotiations had damaged down through the Trump administration over a U.S. demand that Seoul pay 5 instances what it beforehand had paid. The State Division mentioned in a press release that the rise within the South’s share of the price was “significant.”

The U.S. retains about 28,000 troops in South Korea.

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The Wall Road Journal, which was first to report the settlement, mentioned it could final by 2025.

In its assertion, the State Division mentioned: “America’s alliances are an amazing supply of our energy. This growth displays the Biden-Harris administration’s dedication to reinvigorating and modernizing our democratic alliances across the phrase to advance our shared safety and prosperity.”

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