Agreement Between the Government of the United States and the Government of the Federated States of Micronesia Regarding Implementation of the Compact of Free Association

PREAMBLE

The Government of the United States and the Government of the Federated States of Micronesia:

Recognizing that the Compact of Free Association, signed by the Government of the United States and the Government of the Federated States of Micronesia on October 1, 1982 (the Compact), has, along with its related agreements, been approved by the Governments of the Federated States of Micronesia and the United States in accordance with their respective constitutional processes and been approved in accordance with Section 411(b) of the Compact; and

Reaffirming the common interest of the United States and the Federated States of Micronesia in creating a close and mutually beneficial relationship through a free and voluntary association of their Governments;

Desiring to bring the Compact fully into effect at the earliest possible date for their mutual benefit; and

Recognizing their common desire to terminate application of the Trusteeship Agreement to the Federated States of Micronesia;

NOW, THEREFORE, AGREE that the Compact shall enter into force and effect on the date specified in this Agreement and that provision for other related matters is made in the manner set forth in this Agreement.

ARTICLE I
Compact Effective Date

1. The Government of the United States and the Government of the Federated States of Micronesia agree, pursuant to Section 411 of the Compact, that the effective date of the Compact shall be November 3, 1986.

2 . For purposes of the Compact and its related agreements, the first anniversary of the effective date of the Compact and its related agreements shall be October 1, 1987 and the fifteenth anniversary of the effective date of the Compact shall be October 1, 2001. Matters related to implementation of the governmental relations, economic assistance and general provisions of the Compact shall be net forth in an agreement to be concluded by the Government of the United States and the Government of the Federated States of Micronesia as soon as possible.

ARTICLE II
Effective Date, Amendments and Termination

1. This Agreement shall come into effect upon signature by the signatory governments.

2. This Agreement may be amended at any time by mutual consent of the Government of the United States and the Government of the Federated States of Micronesia.

3. This Agreement way be terminated at any time by mutual consent of the Government of the United States and the Government of the Federated States of Micronesia.

4. This Agreement may be terminated unilaterally by either the Government of the United States or the Government of the Federated States of Micronesia prior to the effective date of the Compact as specified in Article I of this Agreement, such termination to be effective on the date specified in the notice of termination by the notifying government to the other government but not earlier than the date of delivery of such notice. The time specified in the notice of termination may be extended by the notifying government.

5. This Agreement may be accepted, by signature or otherwise, by the Government of the United States and the Government of the Federated States of Micronesia.

IN WITNESS WHEREOF, the undersigned, duly authorized, have signed this Agreement Regarding Implementation of the Compact of Free Association which shall come into effect in accordance with its terms.

DONE AT WASHINGTON DC, THIS 24TH DAY OF OCTOBER, ONE THOUSAND, NINE HUNDRED AND EIGHTY-SIX FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA

DONE AT WASHINGTON DC, THIS 24TH DAY OF OCTOBER, ONE THOUSAND, NINE HUNDRED AND EIGHTY-SIX FOR THE GOVERNMENT OF THE FEDERATED STATES OF MICRONESIA