Falkland Islands information from Falkland and US Government sources, Argentina news, Argentina weather and forecast.
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Falkland Islands Information
| Located 300 miles (483 km) from the coast of Argentina, 671 miles (1,080 km) west of the Shag Rocks (South Georgia), and 584 miles (940 km) north of Antarctica (Elephant Island).
The islands are a self-governing Overseas Territory of the United Kingdom, but have been the subject of a claim to sovereignty by Argentina. They are included here with Argentina because of their proximity to Argentina.
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 help 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 economic boost.
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Phone international country code 500
Falkland Islands Government
Faulkland Islands Government
Faulkland Islands Chamber of Commerce
Falkland Islands Tourist Board
City of Stanley
Ciudad de Stanley
Puerto Argentino
Stanley, founded in 1843, located on East Falkland, is the capital city and named for Edward Smith-Stanley, 14th Earl of Derby.
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