South Korea, US to hold 2nd round of talks on defense cost sharing

South Korea, US to hold 2nd round of talks on defense cost sharing South Korea and the United States were set to begin a new round of negotiations Tuesday on sharing the costs for stationing American troops here, Report informs via Yonhap.
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May 21, 2024 09:26
South Korea, US to hold 2nd round of talks on defense cost sharing

South Korea and the United States were set to begin a new round of negotiations Tuesday on sharing the costs for stationing American troops here, Report informs via Yonhap.

The three-day talks through Thursday are aimed at determining how much Seoul should shoulder for the upkeep of the 28,500-strong US Forces Korea (USFK), starting in 2026.

The talks will be led by Lee Tae-woo, South Korea's chief negotiator from the foreign ministry, and his US counterpart, Linda Specht from the State Department.

The first round of the talks took place in Hawaii last month.

The launch of the talks came earlier than planned, amid the view that Seoul wants an early deal to avoid potentially tough bargaining with Washington in case former President Donald Trump returns to the White House.

Washington under Trump's presidency had demanded more than a fivefold increase in Seoul's payment to $5 billion.

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