MOU BETWEEN INDIA AND FINLAND ON COOPERATION IN THE FIELD OF PEACEFUL USES OF OUTER SPACE

GS 2: IR | Bilateral, regional and global groupings and agreements involving India and/or
affecting India’s interests

Why in News?

Union cabinet approves Memorandum of Understanding between India and Finland on Cooperation in the field of peaceful uses of outer space.

Significance:

The signed MoU provide impetus to explore newer research activities and application possibilities in the field of remote sensing of the earth; satellite communication; satellite navigation; space science and exploration of outer space.

Cooperation with the Government of Finland would lead to develop a joint activity in the field of application of space technologies for the benefit of humanity.

Highlights:

The MoU understanding shall enable the following potential interest areas of cooperation such as,

  • Remote sensing of the earth
  • Satellite communication and satellite-based navigation
  • Space science and planetary exploration
  • Development, testing and operation of space objects and ground system
  • Launching of Finnish Space objects by Indian launch vehicles
  • Processing and use of space data
  • Developing innovative applications and solutions based on space technologies and use of artificial intelligence
  • Cooperation around emerging new Space opportunities and data ecosystems and sustainable used of outer space.
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