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1.
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The
industrial policy which the Agency is to elaborate and apply by virtue of
Article II (d) shall be designed in particular to
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(a)
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meet the
requirements of the European space programme and the co-ordinated national
space programmes in a cost-effective manner;
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(b)
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improve the
world-wide competitiveness of European industry by maintaining and developing
space technology and by encouraging the rationalisation and development of an
industrial structure appropriate to market requirements, making use in the
first place of the existing industrial potential of all Member States;
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(c)
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ensure that
all Member States participate in an equitable manner, having regard to their
financial contribution, in implementing the European space programme and in
the associated development of space technology; in particular the Agency
shall, for the execution of its programmes, grant preference to the fullest
extent possible to industry in all Member States, which shall be given the
maximum opportunity to participate in the work of technological interest
undertaken for the Agency;
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(d)
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exploit the
advantages of free competitive bedding in all cases, except where this would
be incompatible with other defined objectives of industrial policy.
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Other
objectives may be defined by the Council by a unanimous decision of all
Member States. The detailed
arrangements for the attainment of these objectives shall be those set out in
Annex V and in rules which shall be adopted by the Council by a two-thirds
majority of all Member States and reviewed periodically.
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2.
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For the
execution of its programmes, the Agency shall make the maximum use of
external contractors consistent with the maintenance of the internal
capability referred to in Article VI.1.
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