- CNTV English - CCTV News

Venezuela parliament authorizes new satellite program with China

05-06-2011 10:38 BJT

CARACAS, May 5 (Xinhua) -- Venezuela's National Assembly on Thursday endorsed a new satellite contract program with China, the second such bilateral project between the two countries.

The parliament published the authorization of the new project, also known as "VRSS-1," in Venezuela's official gazette, at which point the project legally takes effect.

The notification in the gazette said this program is developed jointly between Venezuela's Ministry for Science, Technology and Intermediate Industries and China Great Wall Industry Corporation.

The public notification of the project follows the vote in parliament on April 28 in which legislators approved the training of staff as well as to build, launch and track the VRSS-1 satellite.

Venezuela's National Development Fund will contribute 140 million U.S. dollars to the project, which will allow to observe and study the Earth as well as to forecast complex climate development.

On Oct. 29, 2008, China launched the jointly built telecommunication satellite Venesat-1 -- also dubbed "Simon Bolivar" -- from Chinese soil, making Venezuela the 4th Latin American country which owns a satellite after Mexico, Brazil and Argentina.

Editor:Du Xiaodan |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program