EPIC 5 concentrates on Compact
PALIKIR, Pohnpei (FSM Information Service): May 30, 2002 - The Federated States of Micronesia's Fifth Economic Policy Implementation Council (EPIC) had met on May 15-16, 2002 for discussions primarily on provisions of the Economic Compact with the United States.
The following agenda was accomplished during the two-day high level meeting:
The 5th EPIC meeting concluded with one resolution which recommended that, "discussions on non-expiring provisions of the Compact be done on a bilateral basis as directed by the President, in collaboration with the JCN, that such discussions on specific non-expiring provisions will advance interest of the FSM."
Created in June 2000, the Council is mandated to forward the FSM economic reform agenda, by focusing on key economic policies that will affect the immediate and future economic growth prospect of the nation.
The Council is comprised of leadership from the national and the four state governments. Members from the National government include the President, Vice-President and Speaker of the FSM Congress. The Governors and Speakers of the Legislative Branch represent the State Governments. The FSM Department of Economic Affairs serves as the Secretariat for the Council.
For further information on this release, please contact:
FSM Office of the President Public Information: Press, Radio, Video P.O Box 34 Palikir Station, Pohnpei, FM 96941 Tel.: (691) 320-2548/2092 Fax.: (691) 320-4356 e-mail: email@example.com http://www.fsmpio.fm/