Economy of Tuvalu Economy of Tuvalu Tuvalu is a Polynesian island nation located in the Pacific Ocean, midway between Hawaii and Australia. The economy of Tuvalu is constrained by its remoteness and lack of economies of scale. Government revenues largely come from fishing licences (primarily paid under the South Pacific Tuna Treaty); direct grants from international donors (government donors as well as from the Asian Development Bank); and income from the Tuvalu Trust Fund (established in 1987 by the United Kingdom, Australia, New Zealand). The lease of its highly fortuitous .tv Top Level Domain (TLD) also contributes revenue; however, revenue from the sales
Generic top-level domain may not have a formal relationship with an exclusive registrant or user population. It may or may not employ eligibility or use restrictions." The establishment of new gTLDs under this program required the management of registrar relationships, the operation of a domain registry, and demonstration of technical (as well as financial) capacity for such operations. A fourth version of the draft applicant guidebook (DAG4) was published in May 2011. On June 20, 2011, ICANN's board voted to end most restrictions on the creation of generic top-level domain names (gTLDs) -- at which time 22 gTLDs were available. Companies and organizations