Micronesia, Federated States of Festivals & Holidays

Festivals & Holidays

National holiday Constitution Day, 10 May (1979) Constitution 10 May 1979 In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. On 3 November 1986 independence was attained under a Compact of Free Association with the US; economic provisions of the Compact are being renegotiated. Independence 3 November 1986 (from the US-administered UN Trusteeship) Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.