 Regional cooperation through various multilateral organizations is a key element in FSM's foreign policy.FSM is a full member of the Pacific Islands Forum, the South Pacific Applied Geoscience Commission, the Pacific Regional Environment Programme and the Secretariat of the Pacific Community.The country also is one of the eight signatories of the Nauru Agreement Concerning Cooperation In The Management Of Fisheries Of Common Interest which collectively controls 25-30% of the world's tuna supply and approximately 60% of the western and central Pacific tuna supply.