Economic

South Korea to contribute $867 million for U.S. military forces in 2014

“South Korea said on Sunday it had agreed to pay 920 billion won ($866.86 million) in 2014 towards the cost of the U.S. military presence in the country, a rise of 5.8 percent from a year ago. U.S. and South Korean officials have struck a five-year cost sharing plan for 28,500 U.S. troops in the country after a series of negotiations since early last year.”

Source: South Korea to contribute $867 million for U.S. military forces in 2014 | Reuters

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