The middle to late 1970s were a difficult period owing to increased world-wide JB/8 A/AC.109/PV.1369 ~ . inflation. Nevertheless. the community persevered and efforts were made to diversify the eoonomy. At the beginning of 1980, subdivision of the larger farms was begun. Apart from the violation of our s01Tereign territory by Argentina in April to June 1982, that programme has been oontinued with great success. Young Islanders now own their own farms. From a total of 32·farms at the.end of 1979, we have today increased local c,,.,,nership to 93 farms. The subdivision of farms has not only brought improvement in the form of increased production but also has oontributed to improved quality of stock and development on a much increased scale throughout the Islands. During the latter part of the 1980s, considerable revenue was raised by opening a fisheries conservation zone and by the allocation of licences. Only this month, a delegation from the Falkland Islands Government held fruitful discussions at Tokyo with nationals of Japan, Korea and Taiwan. Our purpose is to continue to exercise the utmost control over the fishing within our fisheries conservation zone and also to extend beyond that by a voluntary restraint agreement with nationals of other countries. Conservation in the South-West Atlantic is of the utmost importance for ourselves, Argentina and fishing nations. We, the Falkland Islands Government, have since the bilateral talks at Madrid, in October 1989 and February 1990, made available to Argentina via Her Majesty's Government important scientific data relating to fish stocks in those waters. Reciprocal data of an equivalent quality have not been forthcoming from Argentina. The Falkland Islands Government has agreed that our Director of Fisheries should take part in dicussions with the Argentine delegation. The Falkland Islands Government finances the scientific study that provides that important information. JB/8 A/AC.109/PV.1369 ., 13 (Mr;.· Peckl 
**Analysis**
The text discusses the economic development of the Falkland Islands, specifically in the areas of agriculture, fishing, and conservation. It highlights the success of farm subdivision and the increase in local ownership, as well as the establishment of a fisheries conservation zone and the allocation of licences. The text also touches on international relations, mentioning bilateral talks with Argentina and the sharing of scientific data. These themes suggest that the text is primarily related to economic development, with connections to natural resources and international relations.

**Category**
Agriculture, forestry and fishing, Economic development