MOSCOW (Sputnik) — The joint activities stipulated by the agreement include commercial cooperation in exploring space and using equipment and technologies as well as attracting additional off-budget funding into national space industry. Specific terms and financial commitments of the programs and projects within the bilateral cooperation will be defined in separate contracts and deals.
It was earlier reported that the Eurasian Economic Union (EAEU) plans to create a joint remote earth sensing system by integrating member states' satellites in 2019.
The EAEU is a regional political and economic bloc that aims to optimize the flow of goods and services between its members. Its current member states are Russia, Kyrgyzstan, Armenia, Belarus, and Kazakhstan.
