§ Dr. Marek asked the Secretary of State for Foreign and Commonwealth Affairs which companies supply Tristan da Cunha; and which companies have been given concessions to trade and exploit resources there.
§ Mr. EggarTristan da Cunha has a long-standing but non-contractually binding agreement with Table Bay Marine of Capetown which acts as a buying agent of general merchandise for the island.
The concession to take crayfish from Tristan waters (the only known exploitable resource) is held by South Atlantic Islands Development Corporation Limited (SAIDC) a Bermuda registered company. The concession is operated by its subsidiary, Tristan Investments Limited of Capetown. Tristan da Cunha receives a royalty (1985 US $294,000) for this concession, which along with revenue from the sale of postage stamps makes the island financially self-sufficient. The concession runs from 1962 to 1997.