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Yearbook 2007

Micronesia Federation. In the March 6 parliamentary elections, 35 candidates competed for the 14 seats in Congress. There are no actual parties in the Micronesia and all who were elected to Congress were independent candidates. On May 11, the newly-elected congress appointed the country's president. According to CountryAAH, Joseph Urusemal from the island of Yap, who has been in power since 2003, was defeated in the vote by Manny Mori of Chuuk.

2007 Micronesia

In May 1999, Nena's Vice President, Leo A. Falcam was named President. In September, he issued a statement reiterating Micronesia's strong condemnation that countries such as the United Kingdom, France and Japan ship ships of plutonium through the Pacific and especially through Micronesia's territorial waters. At the same time, he criticized the contempt of these countries for international maritime regulations.

In 1999, Micronesia and the United States resumed negotiations on a free association agreement. The original agreement was signed in 1965 and was intended to guarantee the sovereignty of the country, the rights of its people, a constitution and the right to self-determination. At the same time, the agreement could be terminated if one of the two parties so desired. This agreement expired in 2001.

Micronesia met with 13 other countries from the Pacific Island Cooperation (PICTA) in August 2001 to negotiate trade agreements. The countries needed to reduce their tariffs and to obtain concessions from Australia and New Zealand, with which they have signed the Agreement on Greater Approach in Economic Relations (PACER), that these would provide transitional assistance to the weak economies of PICTA with it purpose of drawing them into a larger economic context.

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