Publisher Description

The Compact of Free Association between the United States and the Republic of Palau, which entered into force in 1994, provided for several types of assistance aimed at promoting Palau's self-sufficiency and economic advancement. Included were 15 years of direct assistance to the Palau government; contributions to a trust fund meant to provide Palau $15 million each year from 2010 through 2044; construction of a road system, known as the Compact Road and federal services such as postal, weather and aviation. U.S. agencies also provided discretionary federal programs related to health, education and infrastructure. This book explores the provisions for economic assistance to Palau, its impact on the trust fund's likelihood of sustaining scheduled payments through 2044 and the projected role of U.S. assistance in Palau government revenues.

Table of Contents

Preface; Compact of Free Association: Proposed U.S. Assistance to Palau & its Likely Impact; Statement of H.E. Johnson Toribiong, President of the Freely Associated State of Palau; Testimony of Frankie Reed, Deputy Assistant Secretary of State, Bureau of East Asian & Pacific Affairs, "Compact of Free Association with the Republic of Palau: Assessing the 15-Year Review" Statement of Anthony M. Babauta, Assistant Secretary of the Interior-Insular Areas, Department of the Interior, "The Agreement between the Government of the United States of America & the Government of the Republic of Palau following the Compact of Free Association, Section 432 Review"; Testimony of Robert Scher, Deputy Assistant Secretary of Defense, South & Southeast Asia, "Department of Defense's Support of the Palau Compact Agreement Review"; Compact of Free Association: Palau's Use of & Accountability for U.S. Assistance & Prospects for Economic Self-Sufficiency; Palau Profile; Index.

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