The document was signed in Hanoi on November 7, 2012 during Russian Prime Minister Dmitry Medvedev’s visit to Vietnam.
It will create organisational and legal grounds for forming anddeveloping cooperation programmes in areas such as remote sensing,satellite positioning and communication, and space medicine and biology.
The agreement includes issues relating to the protection ofintellectual property rights, information exchanges, the importer’s useof guaranteed products and technologies as well as procedures ofdisputes settlement, liabilities and damage compensation.
Under the agreement, the shipment of cargo for outer space cooperation will be tax-free.
Thedocument is expected to pave the way for the implementation of aGLONASS satellite navigation system cooperation project between the twocountries.-VNA