US, South Korea military cost-sharing talks fail to achieve results

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South Korea and the United States have once again failed to achieve tangible results in the latest round of military cost-sharing talks after a breakdown in negotiations last month.

Officials from the two allies met for the fourth time on Tuesday and Wednesday in Washington to discuss an agreement on how to share the cost of the 28,500 US troops stationed in South Korea.

However, the talks collapsed due to the fact that Washington’s demand for a significant increase in Seoul’s financial contributions to the military deployment remains unchanged.

“At this point, we are in a situation where we need to continue to narrow our differences. It is not that we have reached a concrete result,” South Korean negotiator Jeong Eun-bo told reporters at Dulles International Airport on Friday.

South Korea’s chief negotiator Jeong Eun Bo (Photo by AP)

“It is right to say that the US maintains its position,” he added.

On November 19, the negotiators from both sides left the table after just about an hour of discussions that had been scheduled to continue throughout the day.

According to South Korean lawmakers, US officials demanded that Seoul pay up to five billion dollars a year to keep the American troops there, more than five times the 896 million dollars the country agreed to pay this year.

Any new cost-sharing deal would need the approval of the South Korean parliament, where ruling party lawmakers have previously said they would “refuse to ratify any excessive outcome of the current negotiations” that deviate from the established principle and structure of previous pacts.

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