Issue 50

Russia & Venezuela Space Cooperation

25 May 2022: The Russian State Duma (Lower House of Parliament) ratified a cooperation treaty with Venezuela on the peaceful use and exploration of space. The agreement between the two governments was signed on 30 Mar 21 and created a legal and organizational basis for mutually beneficial cooperation for both parties…

25 May 2022: The Russian State Duma (Lower House of Parliament) ratified a cooperation treaty with Venezuela on the peaceful use and exploration of space. The agreement between the two governments was signed on 30 Mar 21 and created a legal and organizational basis for mutually beneficial cooperation for both parties and for the countries’ organizations in the field of exploration and use of outer space for peaceful purposes.

– Joint space activities will be a part of the agreement will carried out on a commercial basis, which contributes to “attracting additional extra-budgetary funds to the national space and rocket industry”

– Specific conditions and financial obligations attached to bilateral cooperation programs and projects will be defined in separate contracts.

– In Nov, 2021, the Venezuelan National Assembly approved this agreement, similar to the one signed with other space powers such as China and India.

Moscow and Caracas plan to develop “joint projects”…which include cooperation in space science and research, Earth remote sensing, satellite communications and navigation, manned space exploration, as well as space geodesy, materials science and medicine.

Russian and Venezuelan flags representing the bilateral space-cooperation agreement.