Bolivia and China sign deal to build telecommunication satellite

December 15, 2010 at 11:24 am | Posted in Space Law Current Events | Leave a comment

by Sara M. Langston with the blog faculty

Source: Space Mart

Bolivia and China have signed a deal to build a 300-million-dollar communications satellite to be launched into space within three years, officials here said Tuesday.

The agreement was signed on Monday by officials from the Bolivian Space Agency and the China Great Wall Industries Corporation (CGWIC), along with government officials from each country.

Once launched, the satellite is expected to greatly improve telecommunications in Bolivia, one of Latin America’s poorest and least developed countries.