Space Law TOP
Contents Intoroduction Preliminaries Chapter 1 Chapter 2
Chapter 3 Chapter 4 Appendix Index

IV. General Provisions

1.

The Parties shall support the application of market principles to international competition among providers of commercial space launch services, including the avoidance of below-cost pricing, and impermissible business practices.


2.

Neither Party shall engage in practices that distort competition among providers of commercial space launch services, including but not limited to:

(a)

the provision of grants, subsidies, or credits that distort the production or operation costs for commercial space launch systems;

(b)

the provision of inducements to international customers or potential international customers for commercial space launch services;

(c)

the offering of additional services such as insurance or reflight guarantees except on a par with prevailing rates and practices in international markets for comparable risk; and

(d)

the provision of government-supported financing for commercial space launch vehicles or services except in accordance with the terms of the Organization for Economic Cooperation and Development's "Arrangement on Guidelines for Officially-Supported Export Credits."


3.

The Parties, including their agents and instrumentalities, shall not engage in impermissible business practices to secure contracts to provide commercial space launch services. Each Party shall also endeavor to ensure that any entity or organization subject to its jurisdiction, whether or not owned or controlled by that Party, shall not engage in impermissible business practices to secure contracts to provide commercial space launch services.



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