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The Supreme Council of Ukraine approved the Act "On Ratification of the Agreement between the Government of Ukraine and the Government of the United States of America on Cooperation on the Exploration and Peaceful Use of Outer Space" on December 17, 2008.
This act creates the legal bases for cooperation development between Ukrainian and American enterprises and companies in space activity and will promote the comprehensive development of long-term cooperation and partnership between Ukraine and the USA in space branch.
The aim of the Agreement is to determine the frameworks of the international cooperation between the National Space Agency of Ukraine (NSAU) and the National Aeronautics and Space Administration (NASA) in space activity on bases of equality and mutually profitable relations taking into account the newest trends and approaches to the realization of space activity in modern conditions.
The Agreement will give an opportunity to realize in a quality manner joint events and initiatives which have mutual interest for scientific and technical activity and industrial and investment activity of both countries.
The Agreement was signed on March 31, 2008, in Kyiv in the framework of the official visit of the US President, George Bush, to Ukraine.
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