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This was finalized in 1994, with some conditions about cooperation in the fields of justice, good governance and finance.

Meanwhile, the permanent position of Aruba as a separate country within the Kingdom led to calls for a similar arrangement for the other islands, especially on Sint Maarten.

Agreement was reached that the Netherlands would take over the debts of the Netherlands Antilles, on condition that the islands would commit themselves to producing balanced budgets, so as to prevent future buildups of debt.

After a committee was installed investigating the future of the Netherlands Antilles, a "Conference on the Future" ("Toekomstconferentie" in Dutch, litt. The Netherlands proposed to take over the federal tasks of the Netherlands Antilles, with each of the islands remaining autonomous to the extent granted by the Islands Regulation of the Netherlands Antilles.Geographically, the Leeward Antilles islands of Aruba, Curaçao and Bonaire, and the Leeward Islands of Saba, Sint Eustatius and Sint Maarten lie almost 1,000 kilometres (620 mi) apart.Culturally, the Leeward Antilles have deep connections with the South American mainland, especially Venezuela, and its population speaks a Portuguese-Dutch creole language called Papiamento; the other three islands are part of the English-speaking Caribbean.These agreements were worked out in the following year.At a Mini Round Table held on 11 October 2006, a closing agreement (Dutch: slotakkoord) was signed, which stated that Bonaire, Saba and Sint Eustatius would become public bodies of the Netherlands.

It was decided to postpone the next meeting of the conference until after a status referendum was held on Curaçao.

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