US, South Korea reach Cost Sharing Agreement for US military presence

US, South Korea reach Cost Sharing Agreement for US military presence

Seoul /Washington: The United States and South Korea have reached a cost-sharing agreement over the deployment of US troops in South Korea. Also, South Korea has agreed to pay a 13.9% amount furthermore. For the time in two decades, South Korea has agreed to increase the US Army’s expenditure. Currently, 28,500 US soldiers are deployed […]

Read More »

South Korea announces $250 billion defence plan to build an aircraft carrier

South Korea announces $250 billion defence plan to build an aircraft carrier

Seoul: South Korea has announced a ‘Defence Plan’ worth $250 billion including an indigenously built aircraft carrier, against the background of nuclear capabilities of North Korea and the increasing Chinese marine ambitions. In this plan prepared for the period 2021 to 2025, it is recommended to increase the defence expenditure by 6% every year. A […]

Read More »

Japan and South Korea should provide additional funds for US military deployment, demands President Donald Trump

Japan and South Korea should provide additional funds for US military deployment, demands President Donald Trump

Washington/Tokyo/Seoul: The US President Donald Trump demanded that Japan and South Korea should provide additional funds for the US military, deployed in these countries to counter the threats from China and North Korea. There are nearly 54,000 US military personnel in Japan and the number in South Korea is more than 23,000. The United States […]

Read More »

As demanded by the US President, South Korea will pay $920 million to host US troops

As demanded by the US President, South Korea will pay $920 million to host US troops

Seoul: South Korea has accepted the demand made by US President Donald Trump. Accordingly, South Korea will pay for the maintenance of the US military deployed for its security. An agreement to that effect was signed on Sunday. As per the agreement, South Korea will be contributing $ 920 million annually for the deployment of […]

Read More »

Chinese fighter jets intrude into the South Korean airspace; severe criticism by South Korea

Chinese fighter jets intrude into the South Korean airspace; severe criticism by South Korea

Seoul: China, claiming rights over the East and the South China Sea and creating tensions with Japan and the South East Asian countries, has now provoked South Korea. The incidences of Chinese fighter jets and surveillance aircrafts intruding into the South Korean airspace have more than doubled. It is claimed that China has threatened the […]

Read More »

US will resume war exercises in the Korean region, announces US Secretary of Defence James Mattis

US will resume war exercises in the Korean region, announces US Secretary of Defence James Mattis

Washington: Following the cancellation of Secretary for State Mike Pompeo’s visit, the United States has made another announcement on Tuesday to further increase the pressure on North Korea. US Secretary for Defence James Mattis announced resumption of war exercises with South Korea that were suspended for the last three months. The United States also warned […]

Read More »

India takes initiative to control fuel prices taking major buyers China, Japan and South Korea together

India takes initiative to control fuel prices taking major buyers China, Japan and South Korea together

New Delhi: When the crude oil prices crossed the $70 per barrel mark, financial experts raised an alarm saying that the ‘festive season’ for the Indian economy has now come to an end. After the oil producing countries decided to reduce crude oil production, crude oil prices began rising and reached an all-time high of […]

Read More »

South Korea aggressive over incursion by Chinese aircraft, issues summons to the Chinese High Commissioner

South Korea aggressive over incursion by Chinese aircraft, issues summons to the Chinese High Commissioner

Seoul: Within 24 hours of the peace talks between North and South Korea, another incident of Chinese aggression against South Korea has come to light. It has been revealed that a Chinese military reconnaissance aircraft carried out surveillance in the South Korean airspace for four hours on Saturday. South Korea successfully chased away the Chinese […]

Read More »
1 17 18 19 20 21 36