A joint resolution to approve the "Compact of Free Association" between the United States and the Government of Palau, and for other purposes.

(Reported to Senate from the Committee on Energy and Natural Resources with amendment, S. Rept. 99-403)

Title I: Approval of Compact; Interpretation of, and United States Policies Regarding, Compact; Supplemental Provisions - Grants congressional approval of the Compact of Free Association between the United States and the Government of Palau.

Repeals provisions of the Compact of Free Association Act of 1985 relating to Congressional approval in principle to the Compact of Free Association between the United State and Palau.

Sets forth specified provisions relating to: (1) the use of military civic action teams in Palau; (2) an inventory and study of the most unique natural and historical resources of Palau, the Federated States of Micronesia, and the Marshall Islands; and (3) authorizations for transition purposes for FY 1987 through 1989 for Palau, the Federated States of Micronesia, and the Marshall Islands.

Title II: Compact of Free Association - Sets forth the Compact of Free Association between the United States and the Government of Palau. (Declares that the people of Palau are self-governing. States that the United States shall provide grant and program assistance to Palau. Declares that the United States has full authority and responsibility for the security and defense of Palau.)