text: Through the suooess of the Falkland Islands Interim Conservation and Management Zone -effective from February 1987 -the Islands enjoy economic stability and, more importantly, by international co-operati on ensure the conservation of the marine resources in the South-West Atlantic. Twelve countries are awarded fishing licences on an annual ~sis, and other nations are involved in ancillary support activities. We are striving to achieve voluntary restraint agreement s with fishing natio~s in the areas of the 45th aid 46th parallels beyond the maritime jurisdictions of both Argentina and the Falkland Islands. In this context, a delegation of Falkland Islands Government BCT/cw A/AC.10~/pV.J..369 19-20 (Mr. Clifton) representatives has just concluded a series of successful exchanges in Tokyo with Japanese, Korean and Taiwanese fishing interests. The Falkland Islands has since late·l989 provided the Argentine Government - through Her Majesty's Government -extensive scientific fisheries information. The bilateral accord reached in February in Madrid provides for working qroups to mee~ on fisheries and for exchanges of information to take place. The Falkland Islands recognizes the need for enhanced conservation measures in the South-West Atlantic, and asks that Argentina reciprocate positively by supplying scientific information that is of equivalent substance and quality. Recently the Falkland Islands has agreed that its Director of Fisheries should be included in subsequent fisheries working group meetings. This will be beneficial to the process of marine conservation in the South-West Atlantic. The revenue from fishing licences has improved the Islands' ·infrastructure and social and individual benefits. Salary remuneration, pensions and family supplements are now comparable with Western Europe. Living conditions are much enhanced and are the envy of many, particularly those outside the Islands who are unable to enjoy the freedoms of commercial, cultural and political activities, and where inflation is rampant. Island inflation for the year was estimated at 6~ 6 per cent. 
analysis: The text primarily discusses the conservation and management of marine resources in the South-West Atlantic, including the Falkland Islands, and the economic benefits that come with it. It also touches on international cooperation, scientific information exchange, and the improvement of living conditions on the islands.