Legal Basis of the Outer Space Market

Abstract

The outer space market fully deserves the name of the world market. The legal basis of it consists of the rules contained in four international treaties, concluded after the UN General Assembly resolution of December 13 1963. All the four Treaties were concluded between 1967 and 1975 and are open for all states. The concept of the space object being mentioned in these international treaties plays a significant role for the market activities in the outer space as well as the concepts of the nongovernmental legal person and of freedom of use of the outer space for peaceful purposes and all other concepts of these Treaties.