The meeting aims to coordinate the efforts of space agencies in the 20 largest economic countries in the world for the peaceful use of outer space, and to support the existing and future efforts of the member states in light of a common vision, to raise the level of scientific and economic investment in the space sector, raise its competitiveness, and support the sustainability of its activities, according to the Saudi News Agency. SPA “.
Prince Sultan bin Salman bin Abdulaziz, Chairman of the Board of Directors of the Saudi Space Authority, stressed the importance of this meeting, which is the first of its kind for the leaders of space agencies in the Group of Twenty, and discusses a large area of investment that is very reliable in the future of the global economy, in addition to what this meeting represents His idea stemmed from the Kingdom, a platform that paves the way for the first time to integrate the activities of international agencies and their cooperation to maximize the benefits to humanity from the peaceful and scientific uses of space, which confirms the Kingdom’s political, economic and scientific role and its commitment to international development and peace.
With its initiative, the Kingdom seeks to hold a meeting of heads of space agencies in the countries of the Group to enhance cooperation in the space sector. And crystallizing a new path for integration in the space economy path, which represents a new and important horizon in the global economy, and the Kingdom organizes this meeting, which is held virtually via video communication on Wednesday, October 7, 2020 AD with the participation of the heads of space agencies in the group and the United Nations Office of Space Affairs (UNOOSA), In addition to the United Nations Organization for Economic Cooperation and Development (OECD) and a number of organizations, consulting companies, economic entities and experts in the fields of space.
It is expected that the first “Space Economy Leaders Meeting 20” will issue a final statement that includes a number of important recommendations for space agencies in the G20 countries, in line with the goals of the “Space 2030” plan issued by the United Nations, and relevant international agreements.
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