29 April 2017

News Story: S. Korea denies Trump's comments on THAAD costs

SEOUL, April 28 (Xinhua) -- South Korea on Friday denied U.S. President Donald Trump's comments about the cost of the U.S. Terminal High Altitude Area Defense (THAAD) missile defense system that was deployed in the nation's southeast region earlier this week.

An official at Seoul's defense ministry told Xinhua that there has been no change made in its basic principle that South Korea provides land and infrastructure while the U.S. side pays the cost to deploy and operate the THAAD system.

It came in response to Trump's comments made in an interview with Reuters, in which he said he wants South Korea to pay the cost of the U.S. THAAD anti-missile defense system, which he estimated at 1 billion U.S. dollars.

A senior South Korean government source was quoted by Yonhap news agency as saying the principle, in which the U.S. side pays the cost for the THAAD's operation, was already agreed upon between the two countries.

Read the full story at Xinhua