S.Korea signs deal to pay more for US troops

Lee Jin-man / POOL / AFP

South Korea and the US have signed a new deal on how much Seoul should pay for the upkeep of American troops on its soil.

This comes after US President Donald Trump had called for South Korea to pay more.

According to the new deal, which is pending parliament approval, Seoul would boost its contribution to 1.03 trillion won ($890 million) from 960 billion won in 2018.

About 28,500 US troops are currently stationed in South Korea, with officials confirming that there will be no change in numbers in the future. 

However, unlike past agreements, which lasted for five years, this deal is scheduled to expire in one year.

More from International

Coming Up on Dubai Eye

  • Nights on Dubai Eye 103.8

    11:00pm - 6:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!