This chapter is concerned with describing the evolution of the FSM Sustained Growth Strategy (SGS), and the fiscal challenges facing the nation resulting from the need to implement the provisions of the amended Compact. Discussion starts through detailing the FSM's negotiating strategy for the amended Compact and in outlining the principal objectives that the FSM sought
to securemacroeconomic stability and sustainable development. These objectives are compared with what the FSM and U.S. finally agreed, and which are embodied in the terms and conditions of the amended Compact.
The high seas lie beyond the 200 nautical mile limits that define the extent of national sovereignty by countries of the world. They cover 64% of the area of the oceans, and nearly half the surface of the planet. They are a global commons, under the stewardship of the United Nations Law of the Sea for the benefit of all nations. But human pressures on the high seas are increasing fast, and urgent action is needed to protect them from harm. Recent research shows that industrial fishing has
At its sixth meeting the Conference of the Parties, in decision VI/7 A endorsed the draft guidelines for incorporating biodiversity-related issues into environmental impact assessment legislation and/or processes and in strategic environmental assessment.