Point One:
The Government of the Marshall
Islands would undertake the obligation not to
permit or tolerate that its territory, territorial waters or airspace be used or be made
available for use by any third country for
military purposes,
without the express consent
of the Government of the United States.
Point Two:
The Government of the United
States would undertake to guarantee the terri-~
torial integrity of the Marshall Islands, and
guarantee that the territory, territorial
waters or airspace of the Marshall Islands
shall net be used by third countries, for
military purposes, without the express consent
of the Government of the Marshall Islands.
Point Three:
The contemplated authorization
of specified levels of economic assistance set
forth in sections 211(a)(2), 213 and 217 of the
initialled Compact of Free Association, dated
January 14,
1980,
ot
will be backed up by explicit
statutory language committing the full faith
and credit of the Government of the United
States,
including the full panoply of rights
to the judicial enforcement thereof.
Point Four:
The explicit penalty for altering
the political status from free association to
independence would be eliminated from the
initialled Compact of Free Association,
by
substituting the number "100" for the number
"SO" in section 453(b) so that levels of economic assistance specified in the initialled
Compact would continue without diminution in
the event the Marshall Islands should exercise
its right of unilateral termination of the
political status of free association and choose
a political status of independence.
Federal
programs would not continue under such an
eventuality.
It was understood that the obligations contained in Points One
and Two should have no time limitation.
3.
The present memorandum contains a preliminary
discussion of the validity and legal effects of Points One and
(infra,
Section II)
and a proposal
uy
Two under international law