- News Feature : PACER Plus – A Landmark Trade and Development Agreement for the Pacific Region [20/04/2017 - Australia]
- News Feature : ‘We have to act now’ — Marshall Islanders blast Runit n-pollution [20/04/2017 - Fiji]
- Business News : Kiribati Parliament passes first reading of $8 million appropriation bill [20/04/2017 - Kiribati]
- News : 4000 intend to contest PNG election, Four million voters expected [20/04/2017 - Papua New Guinea]
- News : Conclusion of trade talks lacking Pacific development at its heart [20/04/2017 - Fiji]
- Sports News : New coin, note commemorates Fiji 7s Olympics victory [20/04/2017 - Fiji]
- News Feature : PACER Plus about development as much as trade [20/04/2017 - Australia]
- News Feature : Pacific Regional Energy and Transport Ministers Meeting to be held next week in Tonga [20/04/2017 - Tonga]
- Business News : Vanuatu's Grand Hotel & Casino on sale [20/04/2017 - Vanuatu]
- News : PACER Plus Pacific trade deal has fishhooks [20/04/2017 - New Zealand]
- News Feature : UN global assessment on higher education reveals disturbing disparities [20/04/2017 - United States]
- News Feature : Using real-time satellite data to track water productivity in agriculture [20/04/2017 - Italy]
- Sponsored : Oceania National Olympic Committees (ONOC)
Should Fiji return to the Pacific Islands Forum 1: 2: 3: 4: You need to login to participate in our polls.
Country profile - Micronesia
Occupying a very small total land mass, it is scattered over an ocean expanse five times the size of France.
Though formally independent, in 1986 Micronesia signed a "Compact of Free Association" with the US. Under this, Washington took on responsibility for defence and gained the right to set up military bases and deny other nations access to Micronesia.
In return, Micronesia received financial assistance averaging $100m per year, and the right of Micronesians to live and work in the US. Micronesia also takes its cue from Washington on foreign policy.
A renegotiated 20-year compact, worth $3.5 billion to Micronesia and the Marshall Islands, was signed by US President George W Bush in December 2003. Some of the money is being diverted into trust funds, intended to provide a financial resource for Micronesia after the compact expires.
Despite its small population and the large amount of incoming aid from the US, Japan and elsewhere, Micronesia has relatively high unemployment, a matter compounded by increasing numbers of Filipino migrant workers.
Many Micronesians live without electricity or running water, which is in short supply and is sometimes rationed. The gap between rich and poor is increasing as businessmen and officials benefit disproportionately from US aid donations.
Micronesia's biggest challenge is to find a way of lessening its dependence on foreign aid. Given the islands' splendid beaches and scuba diving opportunities, tourism offers one possibility, but this is constrained by the lack of adequate infrastructure and the islands' remoteness.
Additional information Full name: Federated States of Micronesia Population: 111,000 (UN, 2007) Capital: Palikir Area: 700 sq km (270 sq miles) Major languages: English, Trukese, Pohnpeian, Yapese, Kosrean Major religions: Christianity Monetary unit: 1 US dollar = 100 cents Main exports: Fish, garments, bananas, black pepper, copra
Pacific Islands News Association
Who & What is PINA?
International News Safety Institute (INSI)
Media Helping Media