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The Resolution of the Cabinet of Ministers of Ukraine approved the Framework Agreement between the Government of Ukraine and the Government of the Arab Republic of Egypt on Cooperation in the Exploration and Peaceful Use of Outer Space on December 17, 2008.
The approval of the Framework Agreement will:
- give to enterprises an opportunity to conclude the external contracts on development of the rocket and space technology, provision of launch services;
- assure for Ukraine additional work places on the enterprises which will take part in the fulfillment of mentioned contracts;
- promote the following market entry of the space industry of Ukraine to the world market of space services and technology;
- serve for the following development of cooperation in space activity concerning the realization on joint works on satellite Egyptsat-2 development and on joint realization of DesertSat project (creation of the remote sensing satellite for mineral resources searching in desert).
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