Preamble
The States Parties to this Convention,
Underlining the importance of telecommunications by satellite for the development
of relations between their peoples and their economies, and their desire to strengthen
their cooperation in this field,
Noting that the Provisional European Telecommunications Satellite Organization «INTERIM
EUTELSAT» was established for the purpose of operating space segments of European
telecommunications satellite systems,
Considering the relevant provisions of the Treaty on Principles Governing the Activities of States in the Exploration and Use
of Outer Space, Including the Moon and Other Celestial Bodies, done at London, Moscow and Washington on 27 Januari 1967,
Wishing to continue the establishment and operation of the EUTELSAT telecommunications
satellite system as part of a trans-European telecommunications network for providing
telecommunications services to all participating States, without prejudice to the
rights and obligations of the States parties to the relevant European Union and other
international agreements.
Recognizing the need to keep under review and, as necessary, to adapt to technical,
economic, regulatory and political developments in Europe and globally, and, in particular,
the will to transfer the operational activities and associated assets of EUTELSAT
to a limited liability company to be established under a national jurisdiction, such
company to operate on a sound economic and financial basis having regard to accepted
commercial principles, and to the Arrangement.