evidence: Falkland Islands profile - Published The isolated and sparsely-populated Falkland Islands, a British overseas territory in the south-west Atlantic Ocean, remain the subject of a sovereignty dispute between Britain and Argentina, who waged a brief but bitter war over the territory in 1982. [...] The windswept and almost-treeless territory is made up of two main islands, East Falkland and West Falkland, as well as hundreds of smaller islands and islets.