South Korea, U.S. begin second round of defense cost sharing negotiations
- 6 years ago
South Korea and the U.S. have just begun their second round of defense cost sharing negotiations on Korea's southern resort island of Jeju.
During the two-day meeting,... foreign and defense officials from Seoul and Washington aim will continue discussions over how to effectively share the costs,... while strengthening their alliance.
According to the Special Measures Agreement between the two sides,... South Korea is expected to pay some 900 million U.S. dollars this year.
The money is used to cover things such as the personnel expenses of South Korean workers at U.S. military bases, facility construction and logistical support.
As the ninth SMA, signed in 2014, expires this year, Seoul and Washington are to looking to sign a tenth one for the years to come.
South Korea is known to cover roughly 45 to 50 percent of the total cost of the U.S. military deployment.
During the two-day meeting,... foreign and defense officials from Seoul and Washington aim will continue discussions over how to effectively share the costs,... while strengthening their alliance.
According to the Special Measures Agreement between the two sides,... South Korea is expected to pay some 900 million U.S. dollars this year.
The money is used to cover things such as the personnel expenses of South Korean workers at U.S. military bases, facility construction and logistical support.
As the ninth SMA, signed in 2014, expires this year, Seoul and Washington are to looking to sign a tenth one for the years to come.
South Korea is known to cover roughly 45 to 50 percent of the total cost of the U.S. military deployment.