comparing objectives of the unidroit protocols for aircrafts and space objects: an emerging nation perspective
- Paper number
IAC-09.E8.1.2
- Author
Ms. Timiebi Aganaba, International Space University (ISU), France
- Year
2009
- Abstract
The Space Assets Protocol to the Convention on International Interests in Mobile Equipment has been heralded by many, including this author, as one of the great modern regulatory drivers to facilitate increased commercialization of outer space. The preceding Aircraft Protocol to the same convention established a legal framework to increase access to capital for emerging countries and provide security to lenders with respect to the purchase of aircrafts. Following the success of the Aircraft Protocol, evidenced by the increase in sale of aircraft with discounts from national export credit agencies to contracting States, it is assumed that the Space Assets Protocol could have a similar effect with respect to the sale of satellites, as more States seek to join what has been termed the “satellite club”. This paper addresses the role of emerging nations in the commercialization of space both from an industrialized world perspective as well as the perspective of the “satellite club,” with a view to increased understanding by both sides. The paper concludes that the target emerging countries do not view aircrafts and satellites similarly and the proposed Space Assets Protocol will not have the intended effect if this misnomer is not addressed. The author suggests that the Protocol can only have this effect if it is backed and spearheaded by satellite companies who provide not only space hardware but end to end solutions to the barriers that prevent emerging countries from using satellite technology; including lack of infrastructure, equipment, funding, training and education to manage space systems independently.
- Abstract document
- Manuscript document
(absent)