Objectives: To maximise benefits flowing from the development of the fisheries resources within the exclusive economic zones or fisheries zones of the Pacific Island Parties. Summary of provisions: The Treaty establishes a licence system authorising fishing vessels of the United States to operate in the 'Licensing Area' of the Pacific Island Parties, as defined in article 1. The Government of the United States undertakes to co-operate, as appropriate, with the Pacific Island Parties, and promote the maximisation of benefits generated from the operations of its fishing vessels, through the provision of technical and economic support and through, inter alia, the employment of nationals of the Pacific Island Parties and purchase of equipment and supplies form suppliers located in the Pacific Island Parties (art. 2). Parties agree on the responsibility of the United States as flag state for the implementation and enforcement of the Treaty in regards of its vessels (art. 4). Compliance powers of the Pacific Island Parties are provided in article 5.