ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Biden's Asia policy

US doesn't make 'demands' on ally South Korea: State Department

Two sides strike deal to share troop-hosting costs for six years

The flags of the U.S. and South Korea are seen together in Seoul. The two sides have agreed to the text of a new six-year Special Measures Agreement. (Photo courtesy of the State Department)

NEW YORK -- The U.S. and South Korea have reached a consensus on the proposed text of a new six-year Special Measures Agreement, State Department spokesperson Ned Price said Monday, referring to the framework under which Seoul burdens part of the expenditures associated with the stationing of American troops on the Korean Peninsula.

Price said it will "strengthen our alliance and our shared defense," adding that the two sides are now pushing the final steps needed to conclude the agreement for signature, and for entry into force.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more