US soldiers at Camp Stanley in Uijeongbu, South Korea. Photo: Reuters

South Korea and US to share costs of troops after ‘in principle’ deal for Seoul to contribute US$1 billion

  • The 2014 deal that expired last year required Seoul to pay about US$848 million a year for keeping some 28,500 US troops in South Korea
  • The allies had appeared unable to strike an accord to renew the deal despite 10 rounds of talks since March
Topic |   South Korea

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US soldiers at Camp Stanley in Uijeongbu, South Korea. Photo: Reuters
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