NATIONAL

Korea, US set to hold 10th round of defense cost talks

By Yonhap
  • Published : Dec 11, 2018 - 09:29
  • Updated : Dec 11, 2018 - 20:52

South Korea and the United States held another round of negotiations in Seoul on Tuesday over dividing the cost for the stationing of the 28,500-strong US

Forces Korea (USFK), Seoul officials said.

The allies sought to nail down a deal from the 10th round of talks over the Special Measures Agreement (SMA), a cost-sharing contract set to expire at the end of this year. The talks will run through Thursday.

Chang Won-sam (left) and US counterpart Timothy Betts. (Yonhap)

A sticking point is Washington's push for a sharp increase in Seoul's contribution. This year alone, South Korea has contributed

960 billion won (US$859 million) to maintain US forces on the peninsula, a key deterrent against possible North Korean aggression.

The Wall Street Journal reported last week, citing people familiar with the SMA talks, that US President Donald Trump wants Seoul to pay as much as double its current amount, the equivalent of $1.6 billion per year for the next five years.

The grueling negotiations have been a source of tensions between the allies, as they strive to remain on the same page to facilitate ongoing diplomacy to denuclearize North Korea and establish a lasting peace regime on the peninsula.

Chang Won-sam, a career diplomat who served as ambassador to Sri Lanka, led South Korea's negotiating team and his counterpart was Timothy Betts, deputy assistant secretary of state for plans, programs and operations.

Previous SMA negotiations were held in Honolulu, Jeju, Washington, D.C., Seoul and Seattle earlier this year. (Yonhap)