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
Single-letter second-level domain if it should ever become available in the future. Single-letter second-level domain Single-letter second-level domains are domain names in which the second-level domain consists of only one letter, such as x.com. In 1993, the Internet Assigned Numbers Authority (IANA) explicitly reserved all single-letter and single-digit second-level domain names in the top-level domains com, net, and org, and grandfathered those that had already been assigned. In December 2005, ICANN considered auctioning these domains. On December 1, 1993, the Internet Assigned Numbers Authority (IANA) explicitly reserved the remaining single-letter and single-digit domain names. The few domains that were already assigned were grandfathered