Yearbook 2003 Marshall Islands. On 30 April, the Marshall Islands and the United States signed a new Compact of Free Association agreement which provides the state with assistance over the next 20 years. According to Countryaah.com, Marshall Islands Independence Day is May 1. The US continued to have the right to have military bases on the Kwajaleinatoll. However, the new agreement does not include either medical care or compensation for…
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