Azerbaijan, Baku, 4 November /Trend News/ On 4 November, the President of Azerbaijan, Ilham Aliyev, signed an order establishing Cosmic Industry and launching satellites into orbit.
The order says that the State programs and the efficient measures taken in recent years with regards to the development of non-oil sector in the country opened great possibilities for diversifying economy and developing new industrial regions. Azerbaijan's location on the advantageous geographical and economic territory between Europe and Asia makes it necessary to create and launch telecommunication satellites, which are the basic component of economic and information security.
According to order, in order to accelerate the application of high technologies and create cosmic industry in the country, the Cabinet of Ministers must, within three months, prepare and submit to the President the State program on creation and development of cosmic industry in the Azerbaijan Republic.
The Ministry of Communications & Information Technologies is in charge of realizing corresponding measures to launch satellites.
The order takes effect from the day of signing.
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