US and South Korea reach tentative agreement on defense cost-sharing plan
Full Story on PiQ SuiteU.S., South Korea tentatively reach deal on defense cost sharing plan - Yonhap.United States and Republic of Korea have reached consensus on proposed text of a new five-year Special Measures Agreement.The United States and South Korea on Friday agreed on a new five-year plan on sharing the cost of keeping American troops in South Korea, South Korea's foreign ministry and the U.S. Department of Statement said. For 2026, the nations agreed to raise defence cost by 8.3% to 1.52 trillion won ($1.13 billion), South Korea's foreign ministry said in a statement. This article was written by Arno V Venter at www.forexlive.com.
- U.S., South Korea tentatively reach deal on defense cost sharing plan - Yonhap.
- United States and Republic of Korea have reached consensus on proposed text of a new five-year Special Measures Agreement.
The United States and South Korea on Friday agreed on a new five-year plan on sharing the cost of keeping American troops in South Korea, South Korea's foreign ministry and the U.S. Department of Statement said.
For 2026, the nations agreed to raise defence cost by 8.3% to 1.52 trillion won ($1.13 billion), South Korea's foreign ministry said in a statement. This article was written by Arno V Venter at www.forexlive.com.
