Ukraine and Russia have agreed to implement a cooperation program in the field of space exploration and peaceful application in 2012–2016, the Information-analytical Bulletin of the Cabinet of Ministers of Ukraine informs.

The program Road Map was signed today in Kaluga, Russia during the 10th meeting of Ukrainian-Russian Economic Cooperation Committee. It is based on cooperation of aerospace enterprises and a joint participation in international space projects «Sea Launch», «Land Launch,» «Cyclone-4,» and «Dnepr.» Also at the meeting a Memorandum of Understanding was signed between the National Space Agency of Ukraine and Russian Federal Space Agency on cooperation in using of national space facilities for remote sensing of the Earth. Also, the Action Plan on investment, financial, and sectoral cooperation in aerospace industry of the two countries was agreed.

Analysts say signing of Road Map for Russian-Ukrainian cooperation in space sector is a milestone event that synchronizes and enhances the joint presence of two countries on the world market of space services. After all, the space industry of Russia and Ukraine was built during the Soviet era. Following the collapse of the Soviet Union, newly independent republics managed individual clusters of aerospace industry. Ukraine, for example, inherited from the Soviet Union up to 30% of space industry; aerospace production of the country includes about 140 enterprises and institutions with 200,000 employees.

Over the next several years, Ukraine is planning to increase production of rocket and space facilities by at least 1.5 times. This will ensure a long-term workload for sectoral enterprises, access to new markets, and creation of additional 10,000 jobs, note the analysts of State Space Agency of Ukraine.

The space industry has become one of the key sectors in national economy. Ukrainian rocket and space industry enterprises increased sales 20% in 2012, selling products for some 4.3 billion UAH (2.5 billion UAH from rocket products).


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