Cost-shar­ing deal signed for Amer­i­can troops

The News Herald (Willoughby, OH) - - Nation+world -

SEOUL >> South Korea and the United States struck a new deal Sun­day that in­creases Seoul’s con­tri­bu­tion for the cost of the Amer­i­can mil­i­tary pres­ence on its soil, over­com­ing pre­vi­ous failed ne­go­ti­a­tions that caused wor­ries about their decades­long al­liance.

The de­vel­op­ment comes as Pres­i­dent Don­ald Trump is set to hold his sec­ond sum­mit with North Korean leader Kim Jong Un in Viet­nam in late Fe­bru­ary.

South Korea last year pro­vided about $830 mil­lion, cov­er­ing roughly 40 per­cent of the cost of the de­ploy­ment of 28,500 U.S. sol­diers whose pres­ence is meant to de­ter aggression from North Korea. Trump has pushed for South Korea to pay more.

On Sun­day, chief ne­go­tia­tors from the two coun­tries signed a new cost-shar­ing plan, which re­quires South Korea to pay about $924 mil­lion in 2019, Seoul’s For­eign Min­istry said in a state­ment.

The state­ment said the two coun­tries reaf­firmed the need for a “sta­ble” U.S. mil­i­tary de­ploy­ment amid the “rapidly chang­ing sit­u­a­tion on the Korean Penin­sula.”

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