...."Outer space is a province of all mankind," says Sylvia Ospina, a member of the board of directors at the International Institute of Space Law. "There is not, and should not be, any privatization of outer space. It is a common thing that should belong to all."To try to ensure that space remains a "common thing," space lawyers have drafted five international treaties under UN direction. The Outer Space Treaty of 1967 provides the basis of all space law with its clear decree that no nation can claim ownership to any part of it, and all nations must agree to its peaceful use. The treaty was signed by all major space powers and remains the guiding light of space initiatives.
The good news is:
Perhaps the single most important issue in space law - ownership - has already been the focal point of space lawyers for some decades. In 1979 they attempted to resolve the issue with the international Moon Treaty.The treaty established a clear prohibition on private ownership of extraterrestrial real estate, and designated extraterrestrial resources as "the common heritage of mankind." But the Moon Treaty has received far less support than the Outer Space Treaty - only five countries (none of them a major space power) have signed it: France, Guatemala, India, Peru, and Romania.
"The United States, along with the other major powers has not signed the Moon Treaty," says Prof. Gabrynowicz. Without the treaty there is no law excluding space ownership - a loophole some have sought to exploit.
The whole article here.
Posted by Ithildin at August 5, 2004 5:31 PM | PROCURE FINE OLD WORLD ABSINTHE