The United States and Palau began the initial talks for the upcoming Compact of Free Association (COFA) negotiation through a consultation meeting held at the Palau Royal Resort on October 8. The US consultation team shared the need for them to gather information about the issues that Palau wanted to address about the COFA. Vice […]
Tag: cofa
Posted inTop Stories
No recent official communications on COFA immigration rules: Director of Foreign Affairs
Recently a media outlet in Guam reported about the possibility of Trump administrations new rule barring immigrants from entering United States if they’re unable to sustain themselves affecting the citizens of Palau, to which the Palau Director of Foreign Affairs stated that there has been no official communication regarding the matter. Under the current terms […]
Posted inTop Stories
US vows to fast track COFA talks
The recent meeting of the leaders of Micronesia and United States Secretary of State Michael Pompeo ended up with the US promising that it would like to conclude the negotiations on the expiring financial package of the Compact of Free Association (COFA) by the end of 2020. Vice President Raynold Oilouch, who represented Palau during […]
Posted inTop Stories
CTF Board of Trustees inks reso to transfer over $65-M to its investment consultant
The Republic of Palau Compact of Free Association Trust Fund (CTF or trust fund) Board of Trustees (Board), during a special meeting today, signed a resolution authorizing and directing the Ministry of Finance to transfer $65,250,000 to the CTF Board’s Investment Consultant, Raymond James & Associates, for investment in accordance with the CTF Investment Policy […]