Seoul and Washington fail to agree on military funding

Baku. 29 January. REPORT.AZ/ Negotiations between South Korea and the United States over the allocation of costs for the maintenance of the American military contingent on the Korean Peninsula are deadlocked, Report informs citing the RT.

According to Bloomberg, official who is familiar with the negotiation process says the authorities of the two countries cannot agree on the further presence of American troops in South Korea due to the fact that the US President Donald Trump demanded South Korean ally to increase his contribution to the financing of the US military from 860 million to 2 billion dollars. Seoul opposed this.

The term of the five-year agreement on financing the stay of US troops in South Korea expired on December 31.