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.