South Korea and the United States ended another round of negotiations this week on determining Seoul's share of the cost for stationing the U.S. Forces Korea (USFK), a foreign ministry official said Thursday. The sixth round of the talks on the Special Measures Agreement (SMA) took place from Monday to Wednesday in Washington, according to the official. The current six-year SMA is due to expire at the end of next year. "South Korea and the United States held focused consultations for substantive progress in both sides' major areas of interest," the official said. Since 1991, Seoul has partially shared the cost for Korean USFK workers; the construction of military installations, such as barracks, as well as training, educational, operational and communications facilities; and other logistical support. The latest negotiations are taking place as South Korea seeks to strike an early deal to apparently avoid tough bargaining if former U.S. President Donald Trump returns to the White House. Source: Yonhap Ne ws Agency
S. Korea, U.S. wrap up 6th round of talks on defense cost sharing
Recent Posts
Taiex Suffers Biggest Single-Day Point Drop in History
July 17, 2026
Taiwan Shares Close Down 6.47%
July 17, 2026
Mass Production of A14 Process Slated for 2028: TSMC
July 16, 2026