|
News Cost-sharing deal on Seoul’s contribution for US troops enters into forceSix-year deal, signed in April and ratified this week, ties annual increases in Seoul's contribution to defense spending  The six-year U.S.-ROK cost-sharing deal over Seoul’s contribution for the U.S. troop presence in South Korea went into effect on Wednesday, according to the country’s Ministry of Foreign affairs (MOFA), following the National Assembly’s ratification of the agreement a day earlier. Also known as the Special Measures Agreement (SMA), the cost-sharing deal signed in April requires Seoul to raise its contribution for the stationing of the U.S. Forces Korea (USFK) annually between 2022 and 2025 proportional to its defense budget increases. © Korea Risk Group. All rights reserved. |
SHARE
COPY LINK
X
MASTODON
Recent Stories
