Korea’s preparation plan for Trump’s election yesterday

After eight rounds of consultations over about five months since formal discussions began in April, the two countries reached a final agreement on the text of the agreement and implementation agreements on the 3rd of last month. The agreement sets the contribution for 2026 at KRW 1.5192 trillion, an 8.3% increase from the previous year, and reflects the growth rate of the Consumer Price Index (CPI) when increasing the contribution every year until 2030. It will be applied until 2030.

With nearly two years left until the expiration of the current agreement, the ROK-U.S. government began negotiations unusually early and concluded them in a short period of time, which can be interpreted as an attempt to minimize the negative impact of the defense cost-sharing issue on the ROK-U.S. relationship ahead of the U.S. presidential election. It happens. It is interpreted that if former President Trump is elected in the presidential election on the 5th, he is trying to block the possibility of demanding a significant increase in Korea’s defense cost share while pressuring the withdrawal of US troops from Korea.

There were two years left until the expiration of the existing agreement, so it was not the time to discuss anything.

I tried to renew my contract in preparation for Trump and succeeded yesterday ㅅㅅ