U.S., South Korea discuss cost-sharing

[unhappycamper]

U.S., South Korea discuss cost-sharing
Stars and Stripes
Pacific edition, Thursday, October 25, 2007

U.S. and South Korean officials are meeting in Washington, D.C., this week to discuss how much South Korea will contribute to the cost of hosting U.S. troops.

The two countries have a Special Measures Agreement, under which South Korea pays the United States a set amount for such costs as contracts and wages for South Korean employees who work on U.S. bases. American Ambassador Jackson McDonald and Kim Byong-gi, of the South Korean Ministry of National Defense International Cooperation Office, were to finish two days of discussions on Thursday about extending the agreement when it expires at the end of 2008.

Under the current cost-sharing agreement, South Korea is providing approximately $789 million for 2007 and $810 million in 2008.

From staff reports


Article at: http://stripes.com/article.asp?section=104&article=49746

[fasttense]

1. Got to keep US military might there in order to ensure

the "free market" lunacy the US, IMF and world bank forced on them in the 90's doesn't change. Then add insult to injury we make them pay for it. Don't you just love the corrupt criminal capitalism Friedman spread through out the world?