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Turks and Caicos Islands

Introduction to Turks and Caicos Islands

The islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands remain a British overseas territory.

Government

Capital:

Grand Turk (Cockburn Town) 

National holiday:

Constitution Day, 30 August (1976) 

Economy

Economy overview:

The Turks and Caicos economy is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than half of the 93,000 visitors in the late 1990s. Major sources of government revenue include fees from offshore financial activities and customs receipts. Tourism fell by 6% in 2002. 

GDP:

purchasing power parity - $231 million (2000 est.) 

Agriculture products:

corn, beans, cassava (tapioca), citrus fruits; fish 

Industries:

tourism, offshore financial services 

Transportation

Highways:

total: 121 km
paved: 24 km
unpaved: 97 km (2000)

Ports and harbors:

Grand Turk, Providenciales

Airports:

8 (2003 est.)

 

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