The United States and Palau agreed on Wednesday to renew a key strategic pact, part of U.S. efforts to shore up support among Pacific island states to counter competition from China, even as President Joe Biden called off a historic stop in the region.
credibility in the Pacific island region, which has long felt neglected by Washington.
Washington first reached COFA accords with the three island states in the 1980s, under which it retains responsibility for their defense and provides economic assistance while gaining exclusive access to huge strategic swathes of the Pacific in return. The Marshall Islands COFA is due to expire this year. Yun give no reason for the hold-up in renewing that, but a parliamentary election is expected there in November.
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