Malaysia to settle its problem with North Korea, says Dr M | Malaysia

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Pham visited Pyongyang for meetings ahead of the next summit between U.S. President Donald Trump and North Korean leader Kim Jong Un scheduled for February 27-28.

A senior South Korean ruling party legislator said last month that negotiations were deadlocked after the United States made a "sudden, unacceptable" demand that Seoul pay more than 1.4 trillion won per year. The South paid 960.2 billion won for the defense cost sharing in 2018.

South Korea and the US have finally reached an agreement on this year's defense cost sharing deal, with Seoul's financial contribution for the stationing of some 28-thousand American troops on the Korean Peninsula at 9-hundred-24 million USA dollars.

But on Sunday, South Korea's foreign ministry said in a statement that the United States had affirmed it would not be changing the scale of its troop presence.

North Korea's leader Kim Jong Un (L) with President Donald Trump at the start of their historic summit, at the Capella Hotel on Sentosa island in Singapore on June 12, 2018.

Scholars took exception with the notion that the deal is being received with applause in South Korea.

Brinkmanship is common in the cost-sharing talks, which have taken place since 1991, but the US -led effort to persuade North Korea to give up its weapons raised the stakes.

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South Korean President Moon Jae-in plans to discuss the upcoming summit with Trump soon, according to a spokesman from the Blue House.

The disagreement had raised the prospect that Mr Trump could decide to withdraw at least some troops from South Korea, as he has done in other countries like Syria. Betts also said the pleased with the results, acknowledging Seoul's contribution to the alliance. No further details of his schedule have been released by his North Korean hosts.

"It's very expensive", he said on "Face the Nation" on CBS.

Their first summit in Singapore last June resulted in Kim's vague commitment to "complete denuclearisation of the Korean peninsula", a term that his propaganda machine previously used when it argued it would only denuclearise after the U.S. withdraws its troops from South Korea. Under Park, the city is expected to establish an inter-Korea cooperation fund of $35.5 million.

The agreement has yet to be ratified by South Korean lawmakers, which is a necessary step before the deal's terms go into effect, the BBC reported. The signing ceremony for the deal was held Sunday afternoon at the foreign ministry in Seoul by both countries' negotiators, Chang Won-sam and Timothy Betts.

Trump, who has been a vocal critic of other nations failing to contribute for US military presence around the world, highlighted the cost of keeping troops in South Korea during an interview earlier this month.