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 netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
The new arrangement calls for Seoul to boost its contribution to the cost of US forces stationed in the country. - AFP/US FORCES KOREA
WASHINGTON/SEOUL (Reuters): South Korea will increase its contribution to the cost of US forces stationed in the country under an agreement reached with the United States, the State Department said on Sunday (March 7), easing an irritant in ties between the two allies.
The agreement reflects the Biden administration’s commitment to reinvigorating and modernizing our democratic alliances around the word to advance our shared security and prosperity, a State Department spokeswoman said.
The proposed six-year Special Measures Agreement will replace the previous arrangement that expired at the end of 2019.
The United States and South Korea agreed on a “meaningful increase” of Seoul’s contribution to the cost of American military support on the Korean Peninsula, the U.S. Department of State told NK News on Monday. The U.S. State Department and South Korea’s foreign ministry did not disclose how much more Seoul will have to pay […]