Russia to cooperate with Venezuela in space
The Russian parliament approved the partnership with Venezuela in the space sector. The main purpose of the cooperation is "to attract additional extra-budgetary funds to the domestic rocket and space industry". This is reported by ASAS, a partner of the TV BRICS network.
The text stresses that specific conditions as well as financial commitments related to bilateral cooperation programmes and projects will be defined in separate contracts. The Russian-Venezuelan cooperation agreement will make it possible to promote relevant services with the necessary competitiveness in the global market for space products.
The Bolivarian Space Agency (Agencia Bolivariana para Actividades Espaciales, ABAE) has several space development projects.
Photo: ASAS