EU Council adopts conclusions of key principles for the global space economy

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By Caribbean News Global Caribbean News Global fav EU Council adopts conclusions of key principles for the global space economy

GENEVA, Switzerland — The EU Council on November 11 adopted a set of conclusions entitled “Orientations on the European contribution in establishing key principles for the global space economy” in preparation of the tenth Space Council meeting, to be held by video conference on November 20, 2020.

The text provides important orientations for future European space policy:

“In these conclusions, the Council notes with satisfaction the emergence of a highly competitive European space industry and supply chains, which enables Europe to participate in (and contribute to) the global growth of the space economy. It calls upon all actors to work towards ensuring a global level-playing field and open economies, including free and fair trade, on the basis of multilateral solutions and reciprocity in the space sector.

“With a view to fostering European space autonomy, security and resilience, the Council stresses the need for European technological non-dependence and recalls the importance of maintaining a secure, autonomous, reliable, cost-effective and affordable access to space. Particular attention is devoted to space traffic management, where the need for a coordinated European approach is highlighted, as well as to space cybersecurity.

“In order to achieve these objectives, the Council stresses the importance of coordinated actions by the European Union, the European Space Agency and their respective member states, based on the parallel competences and respective tasks and responsibilities and fully respecting the institutional settings and operational frameworks, to strengthen the European Space Policy.”

Orientations on the European contribution in establishing key principles for the global space economy

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