"We are pleased that U.S. and Republic of Korea negotiators have reached consensus on a proposed text of a Special Measures Agreement (SMA) that will strengthen our Alliance and our shared defense," said a State Department spokesperson.
The spokesperson said that the proposed agreement contained "a negotiated meaningful increase in host nation support contributions from the Republic of Korea," without providing further details.
The two sides are pursuing the final steps needed to conclude the agreement for signature and entry into force, according to the spokesperson.
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The talks about the costs had stopped during Trump's presidency due to the administration's demand that Seoul pay five times what it had previously paid.
ReplyDeleteThe new agreement will allow for a "meaningful increase" in South Korea's contribution and last until 2025.