text: of the Administering Authority at the 1587th meeting to the effect that the status of free association as defined in the compact would involve a very considerable degree of autonomy, notably in the area of foreign affairs (see para. 16). It notes that the compacts by their own terms would provide for termination either unilaterally or by mutual agreement, although certain specific provisions in respect of defence arrangements and economic assistance would none the less remain valid for a specific number of years. The Council considers that such "fixed-term commitments" are not incompatible with self-government. It was interested to hear the Administering Authority's view that, notwithstanding such commitments, the freely associated States would retain the right under the compacts to change their status. 3. Palau 262. The Council notes the Adminstering Authority's position with regard to Palau, namely that, according to the terms of the Palau compact, the approval requirements remained incomplete. The Council understands that this is due to perceived incompatibilities between the compact and Palau's Constitution. It reiterates the view that it appears to be for the Governments of the United States and PalaU to look for a mutually acceptable solution that would make it possible to bring the compact into effect. 4. International relations 263. The Council is pleased that international contacts by the territorial Governments continue to expand, with the approval and encouragement of the Administering Authority. It is particularly pleased to learn that activities have -37- been organized in Palau in connection with International Youth Year: Participation, Development, Peace and that some young Palauans will take part in international and regional youth conferences in the course of the Year- 264. The Council acknowledges that the individual entities are still ineligible for observer status or full membership in certain international organizations, notably AsDB and ESCAP. It urges the Administering Authority to facilitate and encourage 
analysis: The text appears to be discussing the governance and international relations of several territories, specifically the freely associated states, and their relationships with the Administering Authority and international organizations. The language used suggests a focus on political and diplomatic matters, rather than specific economic or social issues.