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Washington, Seoul reach consensus on new 6-year special measures agreement for US Forces Korea: US

Posted : 2021-03-09 09:53 U.S. Forces Korea s Camp Humphreys in Pyeongtaek, Gyeonggi Province, on Mar. 8 / Yonhap The new defense cost-sharing agreement between South Korea and the United States will be effective for six years if signed, a spokesman for the U.S. State Department said Monday. The first detail of the agreement came one day after the countries said they have reached a consensus on the agreement that will set South Korea s share of the burden in maintaining U.S. troops on the Korean Peninsula. The United States and Republic of Korea negotiators did reach a consensus on a proposed text of a new six-year Special Measures Agreement or SMA, that will strengthen our alliance and our shared defense, department spokesman Ned Price told a daily press briefing.

S Korea, U S reach deal on cost sharing for American troops stationed on peninsula: WSJ

South Korea, US reach defense cost-sharing agreement

Posted : 2021-03-08 09:23 Updated : 2021-03-08 09:23 U.S. Army mobile equipment sits in a field in Yeoncheon, South Korea, near the border with North Korea, Wednesday, June 17, 2020. 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. AP South Korea and the United States have reached an agreement on Seoul s share of the burden in maintaining U.S. troops on the Korean Peninsula, Seoul s foreign ministry said Sunday. The agreement came in their latest negotiations held in Washington. In the first in-person meeting to be held in almost a year amid the COVID-19 pandemic, negotiators from South Korea and the United States held talks on the 11th South Korea-U.S. Special Measures Agreement (SMA) based on their discussions so far, and as a result reached an agreement in principle, the ministry said in a press release.

South Korea to boost funding for U S troops under new accord: State Department

South Korea to boost funding for U S troops under new accord: State Department
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