The move is part of US efforts to shore up support among Pacific island states to counter China. Read more at straitstimes.com.
WASHINGTON - The United States and Micronesia agreed on Monday to renew a key strategic pact, US presidential envoy Joseph Yun said.
Mr Yun said he initialled the agreement with his Micronesian negotiating counterpart Leo Falcam and would formally sign it with him next week in Port Moresby on the sidelines of a second summit between the United States and Pacific island leaders. The old COFA provisions expire in 2023 for the Marshall Islands and Micronesia, and in 2024 for Palau.
Asked about the Marshall Islands, another senior US official said “this is no longer about the amount of money but ... about how the money will be structured and how it will be spent and what issues it will cover”.
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