} RI NARLE BY SUTUAL COMSENT GNLY DURING AN INITIAL PERIOD OF YEARS. THe MICRONESIAN SICE PROPOSED THAT THIS PERIOD SHALL LAST FIVE YEARS TH UNITED STATES PROPOSED A PERIOD OF FIFTEEN YEARS. FURTHER NEGOTIA- TIONS OM THIS POINT KILL SE NECESSARY. HTa0t AFTCR THE ISITIAL PERIOD HAS PASSED, THE COMPACT WILL 3ECOME USTLATERALLY TERMINAGLE bY EITHER THE UNITED STATES OR MICRONESIA. NTSREE: Ie MICROMESIAs TERMINATION WOULD R=QUIRE A VOTE OF THE THE CONGRESS OF MICRONESIA AND THE PECPLE OF MICRONESIA. NEQUR: IF THE CONPACT IS TERMINATED AND THE RELATIONSHIP OF FREE ASSCCIATICN BETWEEN THE UNITED STATES AND MICRONESIA IS ENDED» PAGE FIVE RUHGSAA4595 UNCLAS A SECURITY TREATY WILL SPECIFY THE TERMS OF CONTINUED AMERICAN PRESENCE IN MICRO.ESIA, THIS SECURITY TPEATY WILL HAVE SEFN NEGOTIATED PRIOF TO THE BEGINNING OF THE COMPACT. "MANY DETAILS OF TERMINATION REMAIN TO BE NEGOTIATED, BUT THE MICRO] WESTAN DELEGATION WELCOMtLD THE UNITED STATES ACCEPTANCE CF MICRONESIAtS CASIC RIGHT DULY TO TERWINATE ANY COMPACT IT ENTERS. "THE MICKONESTAN DELEGATION BELIEVES THAT UNITED STATES ACCEPTANCE cr FICRGNESTA'S RIGHT CF UNILATERAL TERMINATIONs COMBINED WITH PREVICUS ACCEPTANCE OF HICRONESIA'S RIGHT TO SELFeDETERMINATION AND MICRONESTIA*S ConTROL OF LAWS AND LANOS, CONSTITUTE THE BASIS OF AN EVENTUAL AGREE} RENT WITH TeE CNITED STATES. MICRONESIA*S FOUR BASIC PRINCIPLES AND _ "GOTH DELESATICNS RECOGNIZED THE NEED FOR A SMOOTH AND ORDERLY TRANSITION FROM The CURRENT TRUST TERRITORY GOVERNMENT TO THE NEW GOVE : mechT CF MICRONESIA. IT WAS AGREED THAT AN EARLY STEP IM TRANSITICH | SJULD BE Trt CALLIWS CF A CONSTITUTICNAL CONVENTION TO DETER TNE We FORM OF FUTURE GOVERNINGNTe A NUMBER CF INTERIM STEPS QVER THE TRANSI~ 1 LeGAlL RIGHTS nAVE SEEN RECOGNIZED.