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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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