S. Korea, US Near Base Relocation Agreement
Korea Times – South Korea
By Jung Sung-ki
29 April 2009
South Korea and the United States have failed to finalize a deal on the relocation of U.S. military bases to south of Seoul.
Both sides, however, neared a final agreement, as they narrowed their differences on most aspects of the deal, including the timing, cost and other matters, but not the construction of homes for U.S. military families assigned to Camp Humphreys in Pyeongtaek, Gyeonggi Province, a spokesman of the Ministry of National Defense said Wednesday.
The two sides will hold another round of talks in May, he said. …
About 28,500 U.S. troops are stationed here as a deterrent against Stalinist North Korea, which is seeking to become a nuclear power. …
The project is estimted to cost about $13 billion, about 50 percent of which is being provided by South Korea.
