South Korea appoints Lee Tae-woo to head rushed negotiations for defense agreement renewal with the U.S. ahead of Trump's potential return to the White House. Previous negotiations saw disagreements over South Korea's contributions to U.S. defense costs.
Key Points
Appointment of Lee Tae-woo to lead negotiations for defense agreement renewal
Trump called for a 500% increase in South Korea's contributions
Previous negotiations led to a 13.9% increase in South Korea's payments
Disagreements over the defense cost-sharing have led to furloughs of Korean employees working for USFK
Pros
Ensuring stable housing conditions for U.S. troops in South Korea
Maintaining a strong alliance between South Korea and the U.S.
Cons
Disagreements over the amount South Korea should contribute to U.S. defense costs