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US and South Korea reach tentative agreement on new cost-sharing deal for US troops ahead of potential Trump victory

  • The US and South Korea announced a tentative five-year cost-sharing agreement for US troops to strengthen their alliance ahead of a potential victory by Donald Trump.
  • South Korea will contribute KRW in 2026, marking an 8.3% increase from 2025, as stated by Seoul’s foreign ministry.
  • The agreement requires approval from South Korea's national assembly, which is led by the opposition to President Yoon Suk Yeol.
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The United States and South Korea's governments reached an agreement on Friday (October 4) on how to share the cost of defending U.S. troops stationed in South Korea for the next five years, according to reports from the U.S. State Department and South Korea's Ministry of Foreign Affairs.

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The Straits Times broke the news in Singapore on Friday, October 4, 2024.
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