The commercialization of outer space and its impact on international law. A brief approach
Keywords:
commercialization, outer space, International Law, regulationAbstract
Commercial activities in outer space have increased significantly in recent years. Governments have launched new space strategies and policies that identify investment in new law projects, both in the public and private sectors, as an important component of economic growth. The space economy manifests itself as an area of much untapped potential. The main activities that are currently evident range from the use and operation of satellites to mining and space tourism. This characteristic has generated increasing concerns from various governments, interstate and non-governmental organizations about the implications of space commercialization for the development of the international societal system. The above described is a consequence of the almost null regulation by International Law of this new economic activity. In view of the above, the objective of this article is to evaluate the impact of the commercialization of outer space on international law.
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