    [House Document 118-87]
    [From the U.S. Government Publishing Office]

    118th Congress, 1st Session - - - - - - - - - - - - - House Document 118-87

              AGREEMENTS WITH THE REPUBLIC OF THE MARSHALL ISLANDS

                                   __________

                                 COMMUNICATION

                                      from

                         THEPRESIDENTOFTHEUNITEDSTATES

                                  transmitting

     AGREEMENTS CONCERNING PROCEDURES FOR THE IMPLEMENTATION OF THE UNITED
    STATES ECONOMIC ASSISTANCE PROVIDED IN THE 2023 AMENDED COMPACT BETWEEN
     THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF
     THE REPUBLIC OF THE MARSHALL ISLANDS, PURSUANT TO 48 U.S.C. 1921(f);
               PUBLIC LAW 108-188, SEC. 101(f); (117 STAT. 2725)

       December 6, 2023.--Referred jointly to the Committees on Natural
            Resources and Foreign Affairs, and ordered to be printed
                                               The White House,
                                          Washington, December 5, 2023.
    Hon. Mike Johnson,
    Speaker of the House of Representatives,
    Washington, DC.
        Dear Mr. Speaker: Consistent with section 101(f) of title I
    of the Compact of Free Association Amendments Act of 2003
    (Public Law 108-188), I transmit herewith the Agreement
    Concerning Procedures for the Implementation of United States
    Economic Assistance Provided in the 2023 Amended Compact
    Between the Government of the United States of America and the
    Government of the Republic of the Marshall Islands (2023 FPA),
    the Agreement Between the Government of the United States of
    America and the Government of the Republic of the Marshall
    Islands Regarding the Compact Trust Fund (2023 TFA), and the
    Agreement between the Government of the United States of
    America and the Government of the Republic of the Marshall
    Islands to Amend the Compact of Free Association, as Amended
    (2023 Amended Compact). The 2023 FPA, the 2023 TFA, and the
    2023 Amended Compact (Agreements) were signed at Honolulu on
    October 16, 2023.
        These Agreements with the Republic of the Marshall Islands
    (RMI) serve the important purpose of assisting in the RMI's
    development and maintaining our close relationship. The 2023
    Amended Compact would obligate the United States to provide
    $1.6 billion over 20 years in grant assistance and $700 million
    in new Compact Trust Fund contributions. The 2023 FPA would
    maintain oversight and accountability for United States
    taxpayer funds provided to support essential government
    services. The 2023 TFA would restructure the current Compact
    Trust Fund in order to provide either sector support or
    distributions to eligible recipients. New contributions to the
    Compact Trust Fund would be directed to support extraordinary
    needs distributions for people in the RMI.
        Extending such assistance is a critical component of my
    Administration's Indo-Pacific, Pacific Partnership, and
    National Security Strategies. These Agreements demonstrate our
    long-term commitment to and strengthen our broader bilateral
    relationship with the RMI, fostering economic prosperity and
    stability that form the foundation of our strategic interests
    in the Indo-Pacific region.
        I transmit herewith the 2023 Amended Compact, the 2023 FPA,
    and the 2023 TFA for the implementation of these Agreements
    related to the Compact of Free Association Between the United
    States and the Republic of the Marshall Islands.
                Sincerely,
                                                   Joseph R. Biden, Jr.