Cook Islands at the 2008 Summer Olympics events (with the exception of weightlifting, where the first round was the only round) and did not go on to win medals. Pera was the nation's flag bearer at the ceremonies. The Cook Islands are a collection of fifteen islands lying in the South Pacific Ocean that are governed under a single parliamentary entity. Some 10,000 people live in the dependency. The country is in a free association with New Zealand, who handles the nation's external affairs. The Cook Islands became self-governing in 1965. 23 years later, the Cook Islands sent their first delegation to the Olympics at the 1988
Economy of the Cook Islands Economy of the Cook Islands The economy of the Cook Islands, as in many other South Pacific nations, is hindered by the isolation of the country from foreign markets, lack of natural resources aside from fish, periodic devastation from natural disasters, and inadequate infrastructure. Tourism provides the economic base with minor exports made up of tropical and citrus fruit. Manufacturing activities are limited to fruit-processing, clothing, and handicrafts. Trade deficits are made up for by remittances from emigrants and by foreign aid, overwhelmingly from New Zealand. Efforts to exploit tourism potential, encourage offshore banking, and expand the mining and fishing