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The government sale of fishing licences to foreign countries has brought in more than £40 million a year in revenues, and local fishing boats are also in operation.
More than 75% of the fish taken are squid, and most exports are to Spain.
Tourism has shown rapid growth, with more than 30,000 visitors in 2001.
The islands have become a regular port of call for the growing market of cruise ships. Attractions include the scenery and wildlife conservation with penguins, seabirds, seals and sealions, and visits to battlefields, golf, fishing and wreck diving.
An agreement with Argentina has set the terms for exploitation of offshore resources including large oil reserves
Originally posted by Peyres
It would be a good time now for the Argies to try and reclaim them, there were rumours of this bubbling a few months ago.
Our forces are overstrectched across the World. And our Navy (which would again be the main port of call for any action) is pretty weak at the moment, compared to the Cold War days.