Examples of using Assets protocol in English and their translations into Arabic
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Colloquial
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Political
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Ecclesiastic
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Ecclesiastic
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Computer
Some other delegations were of the view that there is no contradictionbetween the legal regime established by the outer space treaties and the proposed space assets protocol.
The view was expressed that the draft space assets protocol provided an opportunity to facilitate the expansion of the commercial space sector and to enable a broader range of States and companies to benefit from that expansion.
At its 813th meeting, on 29 March, the Subcommittee heard a statement by the representative ofUnidroit on developments concerning the draft space assets protocol.
The view was expressed that, for that reason,there was no legal need to address the relationship between the space assets protocol and the United Nations treaties on outer space within the space assets protocol.
Some delegations expressed the view that the draft space assets protocol offered an opportunity to facilitate the expansion of the commercial space sector by setting up a framework through which States could support a system of asset-based financing.
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Some delegations expressed the view that the relationship between the United Nations treaties on outer space,other space-related bilateral and multilateral agreements and the space assets protocol was a very complex issue that required further study.
The view was expressed that in finalizing the draft space assets protocol, consideration should be given to harmonizing the financial aspects of the protocol with the sovereign rights of States and their access to natural resources.
Whereas the Secretary-General and his staff might be in a good position to perform such a function, in the view of some delegations, the exercise of this function would be subject toreview by the States parties to the Cape Town Convention and the future space assets protocol.
The view was expressed that the future space assets protocol should ensure uninterrupted access by developing countries to the public services provided by satellites and should balance the interests of lenders with the interests of developing countries.
The Working Group noted that a decision on whether the United Nations wouldassume the functions of supervisory authority under the space assets protocol would be taken by the General Assembly, taking into account the mandate and existing activities of the United Nations.
Some delegations expressed their support for the progress being made on the protocols to the Convention on International Interests in Mobile Equipment and looked forward with great interest to the continuation andsuccessful completion of the work on the draft space assets protocol.
The view was expressed that it was vital tohave the opinion of ITU on the relationship between the space assets protocol and the ITU legal instruments and that greater involvement by ITU was required in development of the space assets protocol.
If the United Nations were to assume the function of supervisory authority with a view to furthering its purposes, the United Nations, representatives of members and officials of the United Nations wouldenjoy privileges and immunities provided for by the Cape Town Convention and the space assets protocol.
Some delegations expressed the view that the draft space assets protocol offered an opportunity to facilitate the expansion of the commercial space sector by setting up a framework through which States could support a system of asset-based financing.
The Committee noted the comprehensive report made by the observer for the International Institute for the Unification of Private Law(Unidroit)on developments concerning the draft space assets protocol and the priority status that had been given to completing the work on the draft space assets protocol.
The function of supervisory authority under the future space assets protocol will be established to contribute to the proper implementation of the protocol and, hence, to further international cooperation in the peaceful uses of outer space.
The Working Group noted that, under article 17 of the preliminary draft protocol on matters specific to space assets, the supervisory authority would bedesignated at a diplomatic conference to adopt a space assets protocol to the Convention, provided that such supervisory authority was able and willing to act in such capacity.
The view wasexpressed that the level of interest in the draft space assets protocol was indicative of the importance of private activities in the future development of outer space activities and of the need to facilitate the establishment of adequate financing mechanisms for such activities.
The Subcommittee noted the request from the Unidroit secretariat to member States of the Committee to provide it with information on which services should be considered as" public services" for the purposes of article XVI, paragraph 3,of the draft space assets protocol and how those services were presently protected at the national level.
The view was expressed that the future space assets protocol was intended not only to regulate the financing of space assets but also to bring space law in line with developing trends in space activities without undermining the current legal regime governing outer space.
Other delegations were of the view that if the United Nations were not to assume thefunction of supervisory authority under the future space assets protocol or the diplomatic conference convened for its adoption decides not to invite the United Nations to assume that function, the question of adopting a resolution would not arise.
Some delegations expressed the view that the future space assets protocol was intended to address only the distinct and important issue of financing for commercial space activities and was not intended to affect the rights and obligations of parties to the outer space treaties or the rights and obligations of States members of ITU under its Constitution, Convention and Radio Regulations and that that principle would be explicit in the text of any space assets protocol. .
The view was expressed that the relationship between the United Nations treaties on outer space andthe space assets protocol should be governed by the Vienna Convention on the Law of Treaties, under which the later treaty prevailed to the extent of any incompatibility, as between the States parties of both treaties in question.
The Subcommittee noted that Unidroit continued to be fully committed to thetimely completion of work on the draft space assets protocol, having given it priority status in its work programme for the period 2006-2008, and that every effort was being made to reconvene the Unidroit Committee of Governmental Experts for its third session by the end of 2007.
Some delegations were of the view that if the United Nations were to assume thefunction of supervisory authority under the future space assets protocol and the diplomatic conference convened for its adoption decides to invite the United Nations to assume that function, it will be necessary for the General Assembly to adopt a resolution to that end(see para. 4).
The Subcommittee noted that Unidroit continued to be fully committed to thetimely completion of work on the draft space assets protocol and that the States members of the Committee on the Peaceful Uses of Outer Space had been invited to the third session of the Committee of Governmental Experts, tentatively scheduled to be held in Rome from 11 to 15 December 2006.
The provisions concerning the nature of the functions of the supervisory authority,as set out in the Cape Town Convention and the draft space assets protocol, do not envisage a situation where the contracting parties to the protocol or any other State or body would have to issue instructions to the supervisory authority or where the supervisory authority would have to seek instructions from an external authority.
The view was expressed that consideration should be given to the establishment,by the conference of States parties to the Convention and the future space assets protocol, of a mechanism for appointing a Supervisory Authority consisting of States parties to the Convention, once the protocol had entered into force, which had been one of the possibilities indicated by the Secretariat in a report on the subject submitted to the Legal Subcommittee at its forty-second session(A/AC.105/C.2/L.238, para. 52).