Seven sovereign states had made eight territorial claims to land in Antarctica below the 60° S parallel before 1961. These claims have been recognized only between the countries making claims in the area. All claim areas are sectors, with the exception of Peter I Island. None of these claims has an indigenous population. The South Orkney Islands fall within the territory claimed by Argentina and United Kingdom; and the South Shetland Islands fall within the areas claimed by Argentina, Chile, and the United Kingdom. The UK, France, Australia, New Zealand and Norway all recognize each others' claims,[#] which do not overlap. Prior to 1962, British Antarctic Territory was a dependency of the Falkland Islands and also included South Georgia and the South Sandwich Islands. The Antarctic areas became a separate overseas territory following the ratification of the Antarctic Treaty. South Georgia and the South Sandwich Islands remained a dependency of the Falkland Islands until 1985 when they too became a separate overseas territory.
# Rogan-Finnemore, Michelle (2005), "What Bioprospecting Means for Antarctica and the Southern Ocean", in Von Tigerstrom, Barbara, International Law Issues in the South Pacific, Ashgate Publishing, pp. 204, ISBN 0754644197