Seoul, Washington reach a deal on sharing USFK cost
(WorldNews South Korea)

Chang Won-sam, the top negotiator in defense cost sharing negotiations shakes hands with Timothy Betts, a deputy assistant secretary at the U.S. Department State, after holding their fourth round of talks on the renewal of a defense cost sharing contract, at the Korea National Diplomatic Academy in southern Seoul, June 26. / Yonhap By Lee Min-hyung South Korea will likely pay around 1.05 trillion won ($934 million) in defense cost sharing with the United States this year, with the months-long negotiations in their final stages. They have also agreed to renew the contract...