Yonhap said the U.S. had previously demanded 1.13 trillion won (US$1 billion) from South Korea.
The U.S. military arrived in South Korea to disarm Japan, which colonized the Korean Peninsula from 1910-45, following its World War II defeat.
"I remain clear-eyed about the fact that despite the reduction in tensions along the [demilitarized zone] ... we have observed no significant changes to size, scope, or the timing of their ongoing exercises compared to the same time period over the last four years", said Abrams, who took command in South Korea about three months ago.
"The United States government realises that South Korea does a lot for our alliance and for peace and stability in this region", he said.
The president had been harping about South Korea not paying its fair share since the 2016 campaign, making this new agreement a clear victory for his policy of getting other nations to pay more for US force protection. The sum rises from the 960 billion won the Koreans contributed last year, but is far short of the $1.5 billion President Donald Trump demanded earlier this year, which caused consternation among local politicians.
Manchester United back in training ahead of Champions League clash against PSG
If we win at Old Trafford and we don't concede, then I think we would be favourites for the second leg. He has undergone exams and there will be more tests here at the training centre.
Christian Hackenberg struggles in AAF debut
The eight-team upstart league will play a 10-game regular-season schedule and crown its champion after a title game on April 27. Other startup football leagues like the USFL and XFL did fantastic ratings right away, and then those fizzled quickly.
Joy Villa dresses as Trump's border wall at 2019 Grammys
Villa told The Hollywood Reporter she used to be a liberal but she "was very conservative in my heart" due to her upbringing. There's tons Trump supporters out there all of different colors.
The allies worked to finalize an agreement in order to minimize the impact on South Koreans working on US military bases, and focus on nuclear talks ahead of a second U.S.
Trump told CBS' Face the Nation last Sunday that he had no plans to withdraw troops from South Korea. North Korea has not announced which of its cities would join Seoul, but experts say it is likely to be Pyongyang.
Trump is set to have a second summit with North Korean leader Kim Jong-un on February 27-28 in the Vietnamese capital of Hanoi.
United States Soldiers, Airmen, Sailors, and Marines have been stationed in South Korea for over half a century, and the requirement for a robust alliance has never been greater.
Trump has been eager for a second summit with Kim even though their first meeting in Singapore in June produced only vague commitments from Kim and little concrete progress since. "These capabilities continue to hold the United States, the Republic of Korea and our regional allies at risk".
About 70 percent of South Korea's contribution covers the salaries of some 8,700 South Korean employees who provide administrative, technical and other services for the US military. Late a year ago, the USA military had warned the South Korean employees on its bases that they may be put on leave from mid-April if no agreement was reached.