South Korea agrees to 13.9% increase in U.S. troop-hosting costs
South Korea said Wednesday it has agreed with the United States to increase the costs of hosting U.S. troops by 13.9 percent this year from 2019 to a total of 1.18 trillion won ($1.03 billion).
Negotiations on the cost-sharing deal had dragged on as the administration of former U.S. President Donald Trump is said to have demanded a sharp increase in Seoul s contribution.
Supplied photo taken in Washington on March 7, 2021 shows the people in charge of negotiations on the cost-sharing deal between South Korea and the United States of South Korea hosting U.S. troops. (Photo courtesy of South Korea s Ministry of Foreign Affairs)(Kyodo)