Global Administrative Law and Regulation of Extraction of Minerals in Outer Space -

Article

Open Access

by Alexander Zyma¹
¹ Yaroslav Mudryi National Law University (Kharkiv, Ukraine)
DOI: https://doi.org/10.29202/asl/2019/4/12
Received: September 01, 2019 / Accepted: October 07, 2019 / Published: December 15, 2019

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Abstract

Entrepreneurship is one of the areas of space exploration. The steadily growing number of types of space entrepreneurship, the risk increases that some of them will remain outside the legal framework. The aim of the study is to analyse the state of affairs in legal regulation of extraction of minerals in outer space, evaluate its shortcomings and propose new means of regulating this type of business relations. The authors hypothesize that it is expedient to exercise legal regulation of extraction of minerals on celestial odies and their import to Earth by the provisions of global administrative law. In addition, it is proposed to create a global administrator of space resource relations. It should be provided with a set of legal means that will ensure regulation of social relations in this field to avoid threats to the world market from the uncontrolled supply of space resources to Earth.

Keywords: mineral deposits; space entrepreneurship; global administrative law

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Zyma, Alexander (2019) Global Administrative Law and Regulation of Extraction of Minerals in Outer Space. Advanced Space Law, Volume 4, 125-136. https://doi.org/10.29202/asl/2019/4/12

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