Economical Status of Faroes Islands

The Production and Cultivation of Faroe Islands

Faroe Islands main resources of income comes from fishing industry. Meanwhile, they have other resources production like milk, potatoes, vegetable, sheep, salmon and other fish. Right now, they are hoping for possible discovery of oil in Faroese area to eventually have a future oil production for their economy. They also make some handicrafts as an additional source of income to their country. Petroleum is also found close to Faroese, which gives the people hope to sustained their basis to economic prosperity.
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