The archipelagoes of Turks and Caicos Islands are a British overseas territory situated in the Caribbean, in the Lesser Antilles, north of the island of Hispaniola and south-east of the Bahamas Islands. The state is formed by the two archipelagos of Turks islands and Caicos islands, the capital city is Cockburn Town, on the island of Grand Turk. The Caicos Islands are located at the southern end of the Bahamas archipelago, of which are geographically part, they account for more than 95% of the territory of the state and consist of seven main islands (Middle Caicos (144 sq km), North Caicos (116 sq km), Providenciales (98 sq km), East Caicos (90 sq km), West Caicos (28 sq km), South Caicos (21 sq km), Ambergris Cay) and numerous islets and rocks. On East Caicos is the Flamingo Hill (48 meters), the highest point of the state of Turks and Caicos. The Turks Islands, located south-east of the Caicos, include the islands of Grand Turk (18 sq km), Salt Cay (6 sq km), and Cotton Cay (1 sq km), as well as other uninhabited islets and numerous rocks. The economy of the islands is based on tourism, financial assets, agricolture (corn, sisal, fruits, vegetables) and fishing.