e Council appointed by the governor from members of
the Legislative Council
elections: none; the monarch is hereditary; governor appointed by
the monarch; following legislative elections, the leader of the
majority party or the leader of the majority coalition is usually
appointed chief minister by the governor

Legislative branch:
unicameral Legislative Council (13 seats; members are elected by
direct popular vote, one member from each of 9 electoral districts,
four at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held NA 2007)
election results: percent of vote by party - NA%; seats by party -
NDP 8, VIP 5

Judicial branch:
Eastern Caribbean Supreme Court, consisting of the High Court of
Justice and the Court of Appeal (one judge of the Supreme Court is a
resident of the islands and presides over the High Court);
Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction

Political parties and leaders:
Concerned Citizens Movement or CCM [Ethlyn SMITH]; National
Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory
MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL]

Political pressure groups and leaders:
NA

International organization participation:
Caricom (associate), CDB, Interpol (subbureau), IOC, OECS
(associate), UNESCO (associate), UPU

Diplomatic representation in the US:
none (overseas territory of the UK)

Diplomatic representation from the US:
none (overseas territory of the UK)

Flag description:
blue, with the flag of the UK in the upper hoist-side quadrant and
the Virgin Islander coat of arms centered in the outer half of the
flag; the coat of arms depicts a woman flanked on either side by a
vertical column of six oil lamps above a scroll bearing the Latin
word VIGILATE (Be Watchful)

Economy British Virgin Islands

Economy - overview:
The economy, one of the most stable and prosperous in the
Caribbean, is highly dependent on tourism, generating an estimated
45% of the national income. An estimated 350,000 tourists, mainly
from the US, visited the islands in 1998. Tourism suffered in 2002
because of the lackluster US economy. In the mid-1980s, the
government began offering offshore registration to companies wishing
to incorporate in the islands, and incorporation fees now generate
substantial revenues. Roughly 400,000 companies were on the offsh