Korea, U.S. come to cost-sharing agreementUpdated: 2014-01-10 17:47:35 (KST)
Over now to Seoul-Washington defense cost deal
South Korea and the United States struck an accord Friday on how much Seoul should contribute toward the stationing of U.S. troops here.
Under the agreement, Seoul will be paying around 900 million U.S. dollars, which is 50 million dollars MORE than the amount Korea had originally offered.
Sources say the two sides also agreed to renew the Special Measures Agreement every five years so that it coincides with the length of each administration's term in Korea.
The previous deal for defense cost-sharing expired last week.
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