US and South Korea Finalize New Five-Year Troop Cost-Sharing Agreement
The deal increases South Korea's financial contribution and aims to solidify military ties amidst potential political shifts.
- The agreement raises South Korea's contribution by 8.3% in the first year, amounting to $1.125 billion, with annual increases capped at 5%.
- Negotiations concluded ahead of the US presidential election to mitigate potential future complications if former President Trump wins.
- Approximately 28,500 US troops remain stationed in South Korea to deter North Korean aggression.
- The deal, pending approval by South Korea's government and parliament, will extend through 2030.
- Previous negotiations under Trump strained the alliance, with demands for significantly higher payments from South Korea.
Associated Press 
The Canadian Press 
The Hill 
Denver Gazette 
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