{"id":7411,"date":"2019-02-07T12:00:14","date_gmt":"2019-02-07T04:00:14","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=7411"},"modified":"2019-02-07T12:45:46","modified_gmt":"2019-02-07T04:45:46","slug":"s-korea-u-s-nearing-deal-on-defense-cost-sharing-says-lawmaker","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=7411","title":{"rendered":"S. Korea, U.S. nearing deal on defense cost sharing, says lawmaker"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"640\" height=\"427\" src=\"http:\/\/www.namnewsnetwork.org\/wp-content\/uploads\/2019\/02\/korea-us.jpg\" alt=\"\" class=\"wp-image-7413\" srcset=\"http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/02\/korea-us.jpg 640w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/02\/korea-us-300x200.jpg 300w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/02\/korea-us-555x370.jpg 555w, http:\/\/namnewsnetwork.org\/wp-content\/uploads\/2019\/02\/korea-us-600x400.jpg 600w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><figcaption>File photo\/US soldiers take part in the annual Best Warrior competition at the Camp Casey US military base in Dongducheon, South Korea, in April 2018. Photo courtesy of Ryu Seung-Il\/ZUMA Wire\/dpa<\/figcaption><\/figure><\/div>\n\n\n\n<p>SEOUL, Feb 7 (NNN-YONHAP) &#8212; South Korea and the United States may conclude their drawn-out negotiations on defense cost sharing as early as Thursday, a ruling party lawmaker said, adding Seoul&#8217;s share will likely be set at around 1 trillion won (US$889 million).<\/p>\n\n\n\n<p>&#8220;The defense cost sharing negotiations have entered their final stage,&#8221; Rep. Lee Soo-hyuck of the ruling Democratic Party told reporters.<\/p>\n\n\n\n<p>&#8220;(The sides) have agreed to set the amount only for this year, and are in the process of narrowing their differences to around 1.05 trillion won,&#8221; said Lee, a member of the parliamentary committee on foreign affairs.<\/p>\n\n\n\n<p>The amount is designed to reflect an 8.2-percent increase in Seoul&#8217;s own defense spending in 2019, the lawmaker added.<\/p>\n\n\n\n<p>Seoul paid about 960 billion won in 2018 as part of the cost to maintain 28,500 U.S. troops here.<\/p>\n\n\n\n<p>Previously, the allies renegotiated their burden sharing only once every five years.<\/p>\n\n\n\n<p>The U.S. is said to have demanded a minimum $1 billion for 2019, along with annual renewal of the cost-sharing agreement.<\/p>\n\n\n\n<p>Lee said Seoul and Washington may initial their newest agreement before the day is over, and that the agreement may be sent to parliament for ratification in April.<\/p>\n\n\n\n<p>&#8212; NNN-YONHAP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, Feb 7 (NNN-YONHAP) &#8212; South Korea and the United States may conclude their drawn-out negotiations on defense cost sharing as early as Thursday, a ruling party lawmaker said, adding Seoul&#8217;s share will likely be set at around 1 trillion won (US$889 million). &#8220;The defense cost sharing negotiations have entered their final stage,&#8221; Rep. Lee [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":7413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/7411"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7411"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/7411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/7413"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7411"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}