2024-05-23 06:01:24
The second assembly to conclude the twelfth ROK-US Particular Protection Price-Sharing Settlement (SMA), which determines the price of stationing US troops in Korea to be borne by Korea after 2026, ended on the twenty third.
In line with the Ministry of International Affairs, the 2 sides, who held a three-day assembly on the Korea Institute for Protection Analyzes in Dongdaemun-gu, Seoul, from the twenty first, concluded the third of the second assembly on this present day.
On the Korean aspect, officers from the Ministry of International Affairs, the Ministry of Nationwide Protection, the Ministry of Technique and Finance, and the Protection Acquisition Program Administration attended, led by Lee Tae-woo, the Ministry of International Affairs’ chief negotiator for protection value sharing.
The U.S. aspect was represented by Senior Assistant Secretary to the State Division Linda Specht, and officers from the State Division, Division of Protection, and U.S. Forces Korea had been current.
Each side negotiated for about 7 to eight hours a day on the twenty first and twenty second. On this present day, the final day, we completed sooner than the earlier assembly.
An official from the Ministry of International Affairs stated, “This session exchanged opinions on a mutual evaluation of the key positions and factors of curiosity concerning protection value sharing expressed by each side in the course of the first session held in Honolulu in April,” including, “It improved understanding of one another’s positions.” He defined.
Previous to this, Korea and the US held the primary assembly to conclude the twelfth SMA in Honolulu, Hawaii, from the twenty third to the twenty fifth of final month and confirmed one another’s primary positions.
As conferences are held at month-to-month intervals, some predict that the third assembly to conclude the twelfth SMA may very well be held as early as subsequent month.
An official from the Ministry of International Affairs defined, “South Korea and the US plan to carry frequent discussions concerning the twelfth SMA.”
The SMA is an settlement that stipulates the quantity that Korea will bear for the price of stationing U.S. troops in Korea. The quantities we bear embody ‘labor prices’, ‘navy development prices’, and ‘navy help prices’.
The present deadline for the eleventh SMA is 2020 to 2025. The 2021 protection value share decided below the eleventh SMA is KRW 1.1833 trillion, a 13.9% improve in comparison with 2020. From 2022 to 2025, it was agreed to extend every year to replicate the earlier yr’s protection price range improve fee.
(Seoul = Information 1)
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2024-05-23 06:01:24