Koror- A US Compact consultation team is in Palau this week for a “fact-finding” mission that will set the stage for a formal compact review to take place. Vice President Raynold Oilouch told the media on Wednesday that the offer to start Compact talks early is based on the requirement that every 15 years a Compact review is to take place between the United States and Palau. “For us, we wanted some clarity. Is the discussion about the Compact extension beyond 2044 or is about

Koror- The United States and Palau will conduct an initial Compact Agreement consultation which  starts today. According to an earlier statement made to the local media, a team of US officials will be in Palau from Oct. 8 and 9 for an initial consultation on the Palau-US Compact ahead of 2024, when the second provision of economic assistance ends. Photo by the US Embassy in Pohpei FSM Palau’s Vice President Raynold Oilouch disclosed that the United States requested to hold a

Koror- As part of the United States “ economic commitment to peace and prosperity in the Indo-Pacific region,” Palau’s Vice President Raynold Oilouch said that Washington is eager for an early start to the compact talks with each of the three Micronesia’s freely associated states (FAS). Oilouch said this announcement was made by US Secretary of State Mike Pompeo in his meetings with the leaders of Palau, FSM, and the Marshall Islands, in Pohnpei on August 5. “The big announce

Washington D.C. -U.S. Interior Secretary Ryan Zinke has praised President Donald Trump for signing the 2018 Omnibus Funding Agreement, which included funding to finalize the 2010 Palau Compact Review Agreement between the United States and the Republic of Palau. He said that funding the 2010 Palau Compact Review Agreement demonstrates the continued U.S. commitment to Palau and the Western Pacific region. “The agreement is an important element of the Pacific national security

WASHINGTON, D.C. - President Donald Trump today proposed $608 million for Fiscal Year 2019 through the Office of Insular Affairs (OIA) for the benefit of fellow Americans in the U.S. Territories of Guam, American Samoa, the U.S. Virgin Islands, and the Commonwealth of the Northern Mariana Islands, as well for our friends in the Republic of Palau, the Federated States of Micronesia, and the Republic of the Marshall Islands. The OIA budget request includes $84.1 million in disc

Koror—While President Donald Trump’s proposed $54 billion in extra spending for the Department of Defense may have provided the offset language needed to fund the Compact Review Agreement, the recent threat by North Korea to launch four intermediate ballistic missiles near Guam highlighted Palau’s strategic military value in the region. It also comes at a time when the U.S Congress will consider approval of the amended compact agreement after its August recess. “Palau is indi