The Satellite Industry Association applauded the passage of...
The Satellite Industry Association applauded the passage of HR-3547, The Consolidated Appropriations Act, which included a provision to extend the commercial space launch indemnification. The three-year extension “ensures the continuation of a long-standing provision needed to help ensure the global…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
competitiveness of U.S. companies,” SIA said in a news release Friday (http://bit.ly/1b8GRz1). The provision continues a risk management regime requiring launch service providers to acquire private launch insurance against the possibility of third party damages in the event of a failure involving government or commercial satellites, it said. But it offers government indemnification “for any such damages in excess of the required private launch insurance limits,” SIA said.