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Micronesia, Federated States of: Background & Country Profile

Introduction Micronesia, Federated States of
Background:
In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the US. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.

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Source: The CIA World Fact Book 2003

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