 Today, most of Micronesia are independent states, except for the U.S. Commonwealth of the Northern Mariana Islands, Guam and Wake Island, which are U.S. territories.The Pacific Community (SPC) is a regional intergovernmental organisation whose membership includes both nations and territories in the Pacific Ocean and their metropolitan powers.Nationally, the primary income is the sale of fishing rights to foreign nations that harvest tuna using huge purse seiners.