Fishing
Fishing is the largest part of the economy. Although Lord Shackleton's Report (1982) recommended the setting up of a 200-nautical-mile (370 km; 230 mi) fisheries limit which gave an impetus to the fishing industry, the report did not go into much detail regarding the expansion of the industry. The Falkland Islands Development Corporation which formed as a result of the Shackleton Report provided the impetus for the Falkland Islands to exploit their marine environment.
Read more about this topic: Economy Of The Falkland Islands
Famous quotes containing the word fishing:
“The only sure way of avoiding these evils [vanity and boasting] is never to speak of yourself at all. But when, historically, you are obliged to mention yourself, take care not to drop one single word that can directly or indirectly be construed as fishing for applause.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“From time immemorial the men of the town have been famous seamen, and have divided their energies between fishing and hating the English.”
—Willa Cather (1876–1947)
“If fishing is a religion, fly fishing is high church.”
—Tom Brokaw (b. 1940)