Today is, indeed, a very important day, historic in some ways, because it marks the beginning of what I hope and I believe will be a successful bipartisan effort to renew the financial provisions of the Compacts of Free Association
Sablan emphasizes the importance of renewing financial provisions for Pacific nations.
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Renewing the financial provisions of the Compact is essential to our nation's security posture in the Indo-Pacific region.
I explained the path we are forging to fiscal, economic, and social stability in the Commonwealth.
I mentioned that the CNMI is facing financial conditions that make our commonwealth again acutely vulnerable to Chinese Communist Party exploitation.
There is no easy way that our nation will be able to maintain our influence in what is becoming an increasingly strategic, important, and contested area of the world without continuing our partnership with the COFA nations.
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