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Overseas territories and collectivities

In addition to the 18 regions and 101 departments, the French Republic has five overseas collectivities (French Polynesia, Saint Barthélemy, Saint Martin, Saint Pierre and Miquelon, and Wallis and Futuna), one sui generis collectivity (New Caledonia), one overseas territory (French Southern and Antarctic Lands), and one island possession in the Pacific Ocean (Clipperton Island). Overseas collectivities and territories form part of the French Republic, but do not form part of the European Union or its fiscal area (except for Saint Barthélemy, which seceded from Guadeloupe in 2007). The Pacific Collectivities (COMs) of French Polynesia, Wallis and Futuna, and New Caledonia continue to use the CFP franc whose value is strictly linked to that of the euro. In contrast, the five overseas regions used the French franc and now use the euro.