Dubai has announced the creation of a Space Court in order to settle off planet commercial disputes.
Dubai announced Monday the creation of a “space court” to settle commercial disputes, as the UAE – which is also sending a probe to Mars – builds its presence in the space sector.
The tribunal will be based at the Dubai International Financial Centre (DIFC) Courts, an independent British-inspired arbitration centre based on common law.
His Excellency Zaki Azmi, Chief Justice, DIFC Courts, said: “An integrated space industry, supported by human resources, infrastructure, and scientific research, is under way.
The Courts of Space is a global initiative that will operate in parallel, helping to build a new judicial support network to serve the stringent commercial demands of international space exploration in the 21st century.
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As space commerce becomes ever more global and countries ever more connected, diverse, and nimble economies will need to enable growth.
Complex commercial agreements will also require an equally innovative judicial system to keep pace, offering assurance and certainty to support and protect businesses.”
Space law is governed by international conventions and resolutions, including the UN Outer Space Treaty which entered into force in 1967. Several states have also signed bilateral or multilateral agreements to regulate their space activities.