S. Korea, U.S. have narrowed differences on defense cost sharing, can reach deal: Official

  • 4 years ago
South Korea and the United States seem to have narrowed their differences on sharing the burden of maintaining a U.S. troop presence on the Korean Peninsula
An official familiar with the latest talks that took place in Honolulu last week told reporters Monday that the meeting helped the two sides to agree on some aspects.
He added that unlike sports,... negotiations are a process in which both sides can reach a "win-win" deal.
South Korea and the U.S. are working on a new Special Measures Agreement that will determine how much Seoul should pay toward the stationing of the 28-and-a-half-thousand American troops in the country.
This year's deal, signed in March, required South Korea to pay 886 million U.S. dollars, an increase of more than eight percent from the previous year.
The current deal expires at the end of the year.

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