Vital Transition of CDA: Phase I

 

Public Law 18-68, the Coconut Tree Act of 2014, places the national Coconut Development Authority with FSMPC.

Vital is executing a mandate from the President and Congress with an eye toward rapidly developing the coconut sector in the FSM into a long-term sustainable economic activity. The overall strategy will occur in several phases over the next 24 months. Phase I is underway since early June with the goal of ensuring a seamless transition of CDA employees and assets by 30 September 2014.

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