President Signs Compact Renegotiation Into Law:
Compact-Impact for Guam Addressed

FOR IMMEDIATE RELEASE – December 17, 2003 – Washington, D.C. – Today, the President signed into law House Joint Resolution 63, the Compact of Free Association Amendments Act of 2003. This legislation renews the Compacts of Free Association between the United States and the Federated States of Micronesia and the Republic of the Marshall Islands. Included in final signed version are Bordallo’s provisions for Compact-impact reconciliation and Compact-impact reimbursement.

“The President’s signature concludes a process of great importance to the peoples of Micronesia. Today marks an historic day for Micronesia in its continuing relationship with the United States. I am pleased that my colleagues and I in the House Resources Committee were successful at improving the Compact implementation package that was sent to Congress by the Administration. I think we have made real strides forward in addressing Compact-impact for Guam,” Bordallo said.

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Contact: Neil Weare in Washington, D.C., at (202) 225-1188 or Joaquin Perez in Guam at (671) 477-4272.