By Adrian Wattimena

CSIA. The 1967 Outer Space Treaty establishes fundamental principles for the peaceful exploration and use of outer space. It stipulates that space is a global commons, not subject to national appropriation. The treaty also holds nations responsible for their space activities and liable for any damage caused by their space objects. These foundational principles form the bedrock of international space law, guiding the equitable and cooperative development of the space domain for the benefit of all countries. They provide a framework for the sustainable and responsible use of outer space resources, ensuring that the final frontier remains open to exploration and use by all. As the commercial space industry continues to grow, these established treaties and principles will play a crucial role in governing private sector activities in outer space. Compliance with these international agreements will be essential for companies seeking to operate in this dynamic and rapidly evolving global environment.