Falkland Islands
Official Country Name
Falkland Islands
Falkland Islands Overview
Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced Argentine surrender on 14 June 1982.
Falkland Islands Economy
The economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falkland Islands' exclusive fishing zone. These license fees total more than $40 million per year, which goes to support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date, no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism, especially eco-tourism, is increasing rapidly, with about 30,000 visitors in 2001. Another large source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost.
Falkland Islands Location
Falkland Islands is located in Southern South America, islands in the South Atlantic Ocean, east of southern Argentina
Region
Falkland Islands is located in South America
Falkland Islands Population
Falkland Islands has population of 2,967 (July 2006 est.)
Falkland Islands Climate
Falkland Islands has cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate
Falkland Islands Terrain
rocky, hilly, mountainous with some boggy, undulating plains
Falkland Islands Natural Resources
fish, squid, wildlife, calcified seaweed, sphagnum moss
Ethnic Groups in Falkland Islands
Falkland Islands has the following ethnic groups - British
Falkland Islands Religions
primarily Anglican, Roman Catholic, United Free Church, Evangelist Church, Jehovah's Witnesses, Lutheran, Seventh-Day Adventist
Falkland Islands Languages
English
Falkland Islands Capital
Falkland Islands capital is Stanley
Falkland Islands Currency
Falkland Islands currency is Falkland pound
Map of Falkland Islands
