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Background A lengthy struggle between France and Great Britain for the islands ended in 1814, when they were ceded to the latter. Independence came in 1976. Socialist rule was brought to a close with a new constitution and free elections in 1993. President France-Albert RENE, who had served since 1977, was re-elected in 2001, but stepped down in 2004. Vice President James MICHEL took over the presidency and in July 2006 was elected to a new five-year term. Population 88,340 (July 2010 est.) Government type 23 administrative districts; Anse aux Pins, Anse Boileau, Anse Etoile, Anse Louis, Anse Royale, Baie Lazare, Baie Sainte Anne, Beau Vallon, Bel Air, Bel Ombre, Cascade, Glacis, Grand' Anse (on Mahe), Grand' Anse (on Praslin), La Digue, La Riviere Anglaise, Mont Buxton, Mont Fleuri, Plaisance, Pointe La Rue, Port Glaud, Saint Louis, Takamaka Administrative divisions republic Independence Constitution Day (National Day), 18 June (1993) International organization participation five oblique bands of blue (hoist side), yellow, red, white, and green (bottom) radiating from the bottom of the hoist side; the oblique bands are meant to symbolize a dynamic new country moving into the future; blue represents sky and sea, yellow the sun giving light and life, red the peoples' determination to work for the future in unity and love, white social justice and harmony, green the land and natural environment Economy - overview Market value of publicly traded shares fishing, tourism, processing of coconuts and vanilla, coir (coconut fiber) rope, boat building, printing, furniture; beverages Agriculture - products -2% (2009 est.) Industries 250 million kWh (2007 est.) Industrial production growth rate 232.5 million kWh (2007 est.) Electricity - production 0 kWh (2008 est.) Internet country code 32,000 (2008)