Abstract
Global Administrative Law and Regulation of Extraction of Minerals in Outer Space
Highlights
The first space object (Elementary Satellite-1) was launched into outer space by the Soviet Union on October 4, 1957
The basic international instrument to regulate space relations is the Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies of 12 January 1967
With regard to the authorities to issue permits for the exploitation of minerals in outer space, registration of entities, engaged in entrepreneurial activity in this area, and the space objects through which such activity is carried out, they may be transferred to national agencies, provided that the latter will apply the legal rules of global administrator acts in their permitting and registration activities
Summary
The first space object (Elementary Satellite-1) was launched into outer space by the Soviet Union on October 4, 1957 This date can be considered the beginning of active exploration of space by man. The importance and significance of space activities for all humanity required its legal regulation at the international level. The basic international instrument to regulate space relations is the Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies of 12 January 1967 (hereinafter the Outer Space Treaty). The vast majority of the legal provisions enshrined in the Outer Space Treaty regulate relations formed during scientific and military activities in outer space: some of these provisions restrict the military use of space to some extent and the other encourage cooperation in research activities. The subjects of commercial activity are States, but this does not change its essence
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