~6§=- continue to provide services and assistance at the level these services were provided under the Trusteeship Agreement. As in the case of the Northern Mariana Islands Commonwealth Covenant, the resolution approving the Compact constitutes a commitment and pledge of the full faith and credit of the United States for the appropriation and payment of the guaranteed levels of funding so specified. The fiscal authority necessary to meet United States commitments during the first year of the Compact is approximately $295.644 million for the Federated States of Micronesia and the Marshall Islands. This amount contains the partial inflation adjustment which the Compact specifies and several one-time special purpose payments including the creation of the Marshall Islands nuclear claims trust fund. Thereafter, the average total anticipated annual funding called for in the Compact is approximately $115.4 million not including estimates for partial inflation adjustment but including estimates for the specified federal services. It is the Administration's opinion that the aggregate U.S. outlays under the Compact over the fifteen-year funding period will be lower by some $300 million than would have been our outlays were the Trusteeship to continue for the same period. Title Three of the Compact recognizes the continued full United States authority and responsibility for all security and defense matters in or relating to the Federated States of Micronesia and the Marshall Islands. As a corollary, the freely associated states have agreed to refrain from any action which the