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[U.S. side seeks renewal of Free Association Agreement, to provide $7.1 billion to Pacific island countries over 20 years] The United States is currently seeking alliances with the Marshall Islands, Palau and Micronesia

author:Phoenix TV

[U.S. seeks renewal of Free Association Agreement, plans to provide $7.1 billion over 20 years for Pacific Islands countries] The United States is currently seeking to renew the Free Association Agreement with the Marshall Islands, Palau and the Federated States of Micronesia. Pokharagie, a senior State Department official involved in the negotiations in the United States, said on the 23rd that the Biden administration is seeking to provide more than $7 billion in economic assistance in the next 20 years in exchange for renewal.

The Biden administration's 2024 budget includes $7.1 billion in aid to extend the agreement, including $6.5 billion in direct economic assistance to the three island nations and $634 million to expand U.S. postal services in the three island countries, Pokraj said at a Senate hearing. Poklagi said that the United States is doing its best to complete the final negotiations with the three countries, with the goal of finalizing the agreement within a few weeks.

The Free Association Agreement involves the provision of U.S. economic assistance to freely associated nations in exchange for U.S. sole and unrestricted military access to the territories, shipping lanes, and airspace of those nations. (Phoenix TV Li Jiadong comprehensive report)

[U.S. side seeks renewal of Free Association Agreement, to provide $7.1 billion to Pacific island countries over 20 years] The United States is currently seeking alliances with the Marshall Islands, Palau and Micronesia
[U.S. side seeks renewal of Free Association Agreement, to provide $7.1 billion to Pacific island countries over 20 years] The United States is currently seeking alliances with the Marshall Islands, Palau and Micronesia
[U.S. side seeks renewal of Free Association Agreement, to provide $7.1 billion to Pacific island countries over 20 years] The United States is currently seeking alliances with the Marshall Islands, Palau and Micronesia

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