Fri. Feb 22nd, 2019

South Korea signs new deal to pay US more for troop presence

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South Korea will pay the US 1.04 trillion won ($924 million) as a contribution for maintaining 28,500 American troops in the region for a year, after a deal was signed in Seoul on Sunday. The sum rises from the 960 billion won the Koreans contributed last year, but is far short of the $1.5 billion President Donald Trump demanded earlier this year, which caused consternation among local politicians. Unlike previous multi-year deals, the term of the new agreement is one year.

South Korea signs new deal to pay US more for troop presence

South Korea will pay the US 1.04 trillion won ($924 million) as a contribution for maintaining 28,500 American troops in the region for a year, after a deal was signed in Seoul on Sunday.

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