Palau’s Compact Review Negotiating Team held its first discussion with U.S. Compact Negotiators on May 28, 2020. The discussion was held via video teleconference, due to global pandemic of COVID-19, with US Negotiators calling in from Hawaii and Washington, D.C. The discussion was very preliminary and technical, covering topics including scheduling, medium of conducting discussions […]
Tag: Compact of Free Association
Posted inBillboard
United States Holds Initial Consultations with the Freely Associated States
Related to Expiring Provisions of Compact of Free Association Agreements WASHINGTON – The U.S. Department of the Interior Assistant Secretary, Insular and International Affairs, Douglas W. Domenech and U.S. Department of State Ambassador Karen B. Stewart this week held initial consultations with teams from each of the Freely Associated States (FAS)to organize talks around the […]
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2nd Compact Review talks pushed
A third letter from the United States government calling for the initial preparation meeting between the US Compact Review team and Palau Compact Review team was received last week by Palau government. The purpose of the initial meeting is to set the ground rules, parameters and modes of communication for the upcoming talks between the […]
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U.S. selects Compact negotiators
U.S Department of State announced names of individuals selected to serve as negotiators for the agreements to amend Compacts of Free Associations with the Republic of the Marshall Islands and the Federated States of Micronesia and to engage in Compact Review discussions with the Republic of Palau on behalf of the United States. The negotiators […]
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Palau Trust Fund reports 19.64% gains at year-end 2019
(2020, January 30 – Koror, Republic of Palau) The Palau Compact of Free Association (COFA)Trust Fund ended calendar year 2019 with a total balance of approximately $298.4 million, achieving a total return net of fees of 19.64 percent for the year according to information from the COFA Board of Trustees. “We are very happy with […]
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ADB report assists Palau’s next compact negotiation; Shows Palau has done well over last 24 years of the compact
Asian Development Bank presented a draft report to Palau’s national leadership on Wednesday, January 22, of a study it commissioned for the three Freely Associated States (FAS) including Palau. The study looked at economic trends of the three countries over the past Compact periods, impact of each country’s Compact on their economy and the potential […]