ECONOMY
Statute and structure of Azerkosmos OJSC approved
Baku, December 27 (AZERTAC). The Cabinet of Ministers of Azerbaijan has passed a decision on approval of the Statute and structure of Open Joint-Stock Company Azerkosmos.
It was noted in the Statute that OJSC is subordinate to the Ministry of Communications and Information Technologies of Azerbaijan.
According to the document approved by the Cabinet of Ministers, Azerkosmos OJSC is responsible for managing, operating and placing a telecommunication satellite into orbit. To that end, Azerkosmos OJSC will carry out activities in order to expand integration into global information space, provide the connection of state bodies, legal and physical persons to satellite communication for securing and strengthening national and information security, satellite communications, telecommunications services through satellite and satellite systems, high-speed satellite Internet services, radio and TV broadcasting, at the same time acceptance from a distance, photographing and navigation services.
As part of activities Azerkosmos will also prepare proposals relating to expanding possibilities of orbital position allocated for Azerbaijan by the International Telecommunications Union, protect the rights over orbital positions, participate in international satellite communications organizations and take relevant measures regarding cooperation and other important issues.