FILE PHOTO: The South Korean and American flags fly next to each other at Yongin, South Korea, August 23, 2016. Courtesy Ken Scar/U.S. Army/Handout via REUTERS/ File Photo
SEOUL (Reuters) - The United States and South Korea on Friday agreed on a new five-year plan on sharing the cost of keeping American troops in South Korea, South Korea's foreign ministry and the U.S. Department of Statement said.
For 2026, the nations agreed to raise defence cost by 8.3% to 1.52 trillion won ($1.13 billion), South Korea's foreign ministry said in a statement.