Underwood: FSM did well with Compact of Free Association - KUAM.com-KUAM News: On Air. Online. On Demand.

Underwood: FSM did well with Compact of Free Association

Posted: Updated:

Thirty years after the signing of the Compact of Free Association, one longtime political observer says the Federated States of Micronesia did well in its landmark deal with the United States.  Former congressman and current University of Guam president Dr. Robert Underwood has written extensively about the FSM over the years, and says it's even progressed quicker than Guam.

"So if you look at the trajectory of political status development, at one point in time in the 60's it looked like the trust territories, the Pacific islands, were way behind and Guam was a lot closer and had a great deal with the US and then over time everybody just kind of leapfrogged along, and Guam is still essentially in the same situation it was in the 60's," he explained.

Underwood says he believes the US will strike a new deal with the FSM before the Compact expires in a few years.  That's because China is already making overtures, and building relationships with the federated states that the US cannot ignore, noting, "It's crucial to maintain a friendly partnership with the Federated States of Micronesia, because that's a big hole in the middle of the ocean to manage."

Underwood also speculated, "I think it behooves US planners to figure out how to cement this relationship and keep it going rather than worry about accountability or trying to get them on some important points, but certainly minor in comparison to the overall strategic posture that we face here in the North Pacific."

Underwood says the biggest hurdle to the FSM's economic development is its aversion to foreign investment.  He says the FSM could accelerate its growth and bring home its citizens who left for other countries, if it were more open to outside capital. 

  • NEWS HEADLINESMore>>

  • GSWA says budget is conditional placeholder

    GSWA says budget is conditional placeholder

    Guam Solid Waste Authority managers appeared for their first-ever budget hearing before the legislature. GSWA general manager Greg Martin says typically the budget is prepared by the federal receiver and submitted directly to the District Court. But this

    More >>

    Guam Solid Waste Authority managers appeared for their first-ever budget hearing before the legislature. GSWA general manager Greg Martin says typically the budget is prepared by the federal receiver and submitted directly to the District Court. But this

    More >>
  • Joshua Mesa has September trial for receiving ice in the mail

    Joshua Mesa has September trial for receiving ice in the mail

    Busted with receiving drugs in the mail, Joshua John Untalan Mesa will face a federal jury later this year. This case involves a package containing 50-grams of the drug "ICE." If his name sounds familiar, Mesa was the alleged victim in a high-speed chase More >>
    Busted with receiving drugs in the mail, Joshua John Untalan Mesa will face a federal jury later this year. This case involves a package containing 50-grams of the drug "ICE." If his name sounds familiar, Mesa was the alleged victim in a high-speed chase More >>
  • Two lanes opened to cross Merizo bridges

    Two lanes opened to cross Merizo bridges

    If you've taken the roads down south you might have noticed a less bumpy ride. The roads to cross Bile and Pigua Bridge in Merizo are now open with two lanes. The $3.6 million project took 10 years to finish. Governor Eddie Calvo saying there were challenMore >>
    If you've taken the roads down south you might have noticed a less bumpy ride. The roads to cross Bile and Pigua Bridge in Merizo are now open with two lanes. The $3.6 million project took 10 years to finish. Governor Eddie Calvo saying there were challenMore >>
Powered by Frankly