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

WASHINGTON (AP) — 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 towards the specter of North Korean aggression.

The State Division’s Bureau of Political-Navy Affairs mentioned the deal features a “negotiated improve” in Seoul’s share of the fee, 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 in the course of the Trump administration over a U.S. demand that Seoul pay 5 instances what it beforehand had paid. The State Division mentioned in an announcement that the rise within the South’s share of the fee was “significant.”

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

The Wall Avenue Journal, which was first to report the settlement, mentioned it might final by way of 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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