SEOUL, South Korea — South Korea and the United States struck a new deal Sunday that increases Seoul’s contribut
ion for the cost of the American military presence on its soil, overcoming previous fai
led negotiations that caused worries about their decades-long alliance.
The development comes as President Donald Trump is set to hold his second summit w
ith North Korean leader Kim Jong Un in Vietnam in late February.
South Korea last year provided about $830 million, covering roughly 40 percent of the cost of the deployment of 28,
500 U.S. soldiers whose presence is meant to deter aggression from North K
orea. Trump has pushed for South Korea to pay more.
On Sunday, chief negotiators from the two countries signed a new cost-sharing pla
n, which requires South Korea to pay about 1.04 trillion won ($924 million) in 2019, Seoul’s Foreign Ministry said in a statement.
The statement said the two countries reaffirmed the need for a “stable” U.S. mili
tary deployment amid the “rapidly changing situation on the Korean Peni
nsula.” The ministry said the U.S. assured Sou
th Korea that it is committed to the alliance and has no plans to adjust the number of its troops in South Korea.