TNAG-2550-FCO40-3725-Hong-Kong-Asia-Satellite-Telecommunications-Company-Limited--1992 — Page 15

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

polar platform).

The polar platform, for which British Aerospace is

positioned to act prime contractor, is central to our priority space

objective of exploiting earth observation techniques for commercial and

environmental purposes.

7. The UK participated fully in negotiating the terms of the Agreement.

It lays down the essential ground rules for this highly ambitious

collaborative programme. Given the high cost of space activity,

international collaboration is the only practicable way forward if the

potential of space as a tool - including in this case support for our

environmental policy is to be realised.

Without the necessary

legislation UK interests would be damaged. Legal advice is that such

legislation should be in place prior to ratification.

If the UK does

not ratify the Agreement by the due date, we would risk opening the IGA

to re-negotiation and casting doubt on our commitment to the Columbus

programme and the future of the polar platform. This would be a serious

blow to our national space policy, be politically highly embarrassing

and weaken our credibility as a partner in international space activity.

Expenditure and manpower implications

8. The Bill would have no implications for government expenditure and

manpower over and above the 150 million referred to in paragraph 6.

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