Military of the Falkland Islands Commander British Forces Falkland Islands/South Atlantic Islands: Military of the Falkland Islands The Falkland Islands are a British overseas territory and, as such, rely on the UK for the guarantee of their security. The other UK territories in the South Atlantic, South Georgia and the South Sandwich Islands, fall under the protection of British Forces South Atlantic Islands (BFSAI), formerly known as British Forces Falkland Islands (BFFI), which includes commitments from the British Army, Royal Air Force and Royal Navy. They are headed by the Commander of the British Forces South Atlantic Islands (CBFSAI). Argentina invaded and took control of
Economy of the Falkland Islands Economy of the Falkland Islands The economy of the Falkland Islands, which first involved sealing, whaling and provisioning ships, became heavily dependent on sheep farming from the 1870s to 1980. It then diversified and now has income from tourism, commercial fishing, and servicing the fishing industry as well as agriculture. The islands use the Falkland pound, which is backed by sterling. During the 19th century, the supply and maintenance depot for ships at Stanley developed into a port serving ships rounding Cape Horn. There was also trade in cow hides from the wild descendants of cattle introduced by French settlers