US and South Korea agree on new cost-sharing deal for troops

FAN Editor

The State Department says the U.S. and South Korea have reached an agreement in principle on a new arrangement for sharing the cost of the American troop presence

WASHINGTON — The United States and South Korea have reached agreement in principle on a new arrangement for sharing the cost of the American troop presence, which is intended as a bulwark against the threat of North Korean aggression.

The negotiations had broken down during the Trump administration over a U.S. demand that Seoul pay five times what it previously had paid. The State Department said in a statement that the increase in the South’s share of the cost was “meaningful.”

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

The Wall Street Journal, which was first to report the agreement, said it would last through 2025.

In its statement, the State Department said: “America’s alliances are a tremendous source of our strength. This development reflects the Biden-Harris administration’s commitment to reinvigorating and modernizing our democratic alliances around the word to advance our shared security and prosperity.”

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