HomeNewsBusinessIndia signs Artemis Accords: What does it mean and why is it significant?

India signs Artemis Accords: What does it mean and why is it significant?

As a partner to the next NASA moonshot programme, the country stands to benefit from technology transfers, but the inking is also a part of a larger geopolitical game

June 24, 2023 / 10:58 IST
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India signing the Artemis Accord with the US has evoked mixed reactions. While the positives include possible easing up of export control from the part of the US and facilitating technology transfer between the two countries, it has also piqued the interest of stakeholders in the ecosystem, especially in the context of the larger geopolitical ramifications.

Experts Moneycontrol spoke to pointed out that signing the Artemis Accords could be seen as India subscribing to the US' views on space, especially the American interpretation of the Outer Space Treaty from 1967.

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Before we go into what this means, it is necessary to understand what the Artemis Accords are, what it says and what India being a signatory to this signifies.

What are Artemis Accords?