It is with these words of greetings in the languages of the four States of Chuuk, Kosrae, Pohnpei and Yap respectively, that I take great pleasure in welcoming you to the Federated States of Micronesia official Investment Promotion Internet Web site.

This Internet site has been established to encourage and assist international companies and investors in considering the Federated States of Micronesia (FSM) as a place to establish their businesses. The FSM, which consists of the above named four states, is an independent country with close ties to the United States through the Compact of Free Association.

As a business partner or visitor to the FSM, you will find a stable and growing economy, a transparent and simplified regulatory environment, a government committed to private sector-led growth, and, above all, friendly and supportive people.

The FSM has a diverse and, hence, stable economy based on several independent growth sectors. These include:

»	fishing, our major industry based on long-line and purse-seine fishing and tuna exports to world wide markets and great potential for development of other fisheries, including aquaculture"
»	tourism, with world-class diving and unspoiled tropical islands with rich local culture;
»	agriculture, with export products to Guam and regional markets; and
»	light manufacturing, with one apparel company already established in Yap and great opportunities for more in the other states.

My administration as well as the individual state government representatives are available to assist and support interested parties in the above areas of economic activities as well as all other business development in our country, and we invite you look into these opportunities.

I am pleased to welcome you to this Internet site, and I, along with my people in the Federated States of Micronesia, look forward to welcoming you to our nation as a business partner.

Kinisou Chapur, Kulo, Kalahngan and Kamagar,