Millennium Challenge Corporation
In accordance with section 610(b)(2) of the Millennium Challenge Act of 2003 (Pub. L. 108-199, Division D), the Millennium Challenge Corporation (MCC) is publishing a summary and the complete text of the Millennium Challenge Compact between the United States of America, acting through the Millennium Challenge Corporation, and the Government of the Republic of Vanuatu. Representatives of the United States Government and the Government of the Republic of Vanuatu executed the Compact documents on March, 2, 2006.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Millennium Challenge Corporation [MCC FR 06-06] AGENCY: Millennium Challenge Corporation. ACTION: Notice. SUMMARY: In accordance with section 610(b)(2) of the Millennium Challenge Act of 2003 ( Pub. L. 108-199 , Division D), the Millennium Challenge Corporation (MCC) is publishing a summary and the complete text of the Millennium Challenge Compact between the United States of America, acting through the Millennium Challenge Corporation, and the Government of the Republic of Vanuatu. Representatives of the United States Government and the Government of the Republic of Vanuatu executed the Compact documents on March, 2, 2006. Dated: March 13, 2006. John C. Mantini, Assistant General Counsel, Millennium Challenge Corporation. Summary of Millennium Challenge Compact With the Government of the Republic of Vanuatu I. Introduction Vanuatu is a small island nation in the South Pacific comprised of 83 separate islands, where approximately half of the population lives in poverty. As a small, open, island economy, agriculture and tourism are central to Vanuatu's growth. These two sectors together employ more than 70% of Vanuatu's working population  [ 1 ] and represent approximately 34% of Vanuatu's GDP. [ 2 ] Vanuatu's poor transportation infrastructure, however, continues to hinder formal economic activity and investment in the agriculture and tourism sectors, thereby constraining private-sector led economic growth. Vanuatu's capital outlays, at 7% of national expenditures, are…
Citation: 71 FR 14296
