The Federated States of Micronesia (FSM) emerged from the Trust - TopicsExpress



          

The Federated States of Micronesia (FSM) emerged from the Trust Territory of the Pacific Islands (TTPI) which the United States administered on behalf of the United Nations from 1947 until 1978. The FSM adopted its own constitution and became an independent country in 1979; it entered into a Compact of Free Association with the United States in 1986 and became a member of the United Nations in 1991. The first financial package of the Compact covered 15 years, from 1986 to 2001. Under provisions of the Compact, the Compact was extended for two years while the United States and the FSM completed negotiations for a new financial package in 2003, covering 2003-2023 (). A Trust Fund was also created to contribute to the long-term budgetary self-reliance of the FSM when the financial grant provisions of the Compact expire in 2023. Under the Compact, the United States provides financial assistance, defends the FSM’s territorial integrity, and provides uninhibited travel for FSM citizens to the U.S. In return, the FSM provides the United States with unlimited and exclusive access to its land and waterways for strategic purposes. The close ties between the United States and the FSM that go back to the end of World War II are also reflected in the fact that hundreds of FSM citizens serve in all branches of the U.S. Armed Forces and further their education in the United States. The FSM also uses the U.S. dollar as its currency. Citizens of the Federated States of Micronesia, the Republic of the Marshall Islands, and Palau Are Eligible to Work in the United States Indefinitely. Citizens of the Federated States of Micronesia (FSM), the Republic of the Marshall Islands (RMI), and Palau are admitted to the United States as nonimmigrants when admitted under the terms of those nations’ respective Compacts of Free Association with the United States. These three countries are sometimes referred to collectively as the “Freely Associated States.” more President: Emanuel “Manny” Mori Vice President: Alik L. Alik Speaker of the Congress of the Federated States of Micronesia: Isaac V. Figir The Federated States of Micronesia was welcomed into the United Nations on September 17, 1991 and currently has diplomatic relations with 56 countries () plus the Holy See and the Sovereign Order of Malta. Included among the 56 countries with which the FSM has diplomatic relations are the USA, Japan, China, Israel, France, Italy, Australia, India, Canada, Russia, Ireland, Switzerland, Argentina and two of its cousins of the former U.S. Trust Territory, Palau and Marshall Islands. The FSM is an active member of the Pacific Islands Forum and also holds annual meetings on common concerns with the governments of Palau and Marshalls on an annual basis. There are four countries with resident diplomatic missions in Micronesia: Australia, China, Japan and the USA. Micronesia has overseas diplomatic missions (embassies) in Washington, D.C., Tokyo and Suva, Fiji, a permanent mission at the United Nations in New York and two consulate offices in Guam and Honolulu. In 2004, Pohnpei, FSM was chosen to be the host of the Tuna Commission Headquarters or the Commission for the Conservation and Management of Highly Migratory Fish Stocks in the Western and Central Pacific Ocean. In 2006, the Director General of the Secretariat of the Pacific Community formalized with the FSM President establishment of an SPC Regional Office in the FSM. Washington DC: 7,710 miles Honolulu: 3,200 miles Tokyo: 2,300miles Guam: 1,500 miles Total population: 108,000 Chuukese: 48.8% Pohnpeian: 24.2% Kosraean: 6.2% Yapese: 5.2% Other islanders: 4.5% Asian: 1.8% Other (mixed): 9.0% Estimated GDP: $238.1 million Per capita GDP: $ 2,205 U.S. per capita GDP: $45,800 Compact Aid Compact aid: $81.7 million (FY 07) Other Federal grants: $15.3 million (FY 07) Tourism by origin Total visitor arrivals: 21,015 From the United States: 8,056 Europe: 3,901 Canada: 1,867 Philippines: 1,837 Other Asia: 1,325 Services Government services Other services Total payroll employment: 16,360 Private sector employment: 7,542 Government employment: 8,265 Total government revenues: $ 166.0 million Total government spending: $152.7 million Total Federal grants: $97.1 million Tanya Harris Joshua Desk Officer for the FSM Office of Insular Affairs Washington, DC 20240 Telephone: 202 208-6008 [email protected] doi.gov/oia/islands/fsm.cfm
Posted on: Mon, 26 Jan 2015 21:13:00 +0000

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