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The government has taken significant steps to open up the space domain to Non-Government Entities (NGEs), allowing them to engage in comprehensive space activities. This liberalization is anchored by the establishment of the Indian National Space Promotion and Authorization Centre (IN-SPACe), which serves as a crucial facilitator, authorizing and supervising NGE activities.
Sri Lanka’s history of economic instability, marked by multiple currency collapses and inflation crises, has been exacerbated by excessive monetary stimulus and fiscal mismanagement.
The two nations also agreed to streamline procedures for trade and investment, removing bureaucratic hurdles and fostering a more conducive environment for businesses. This includes exploring the establishment of joint ventures and facilitating the exchange of technical expertise.
The government has taken significant steps to open up the space domain to Non-Government Entities (NGEs), allowing them to engage in comprehensive space activities. This liberalization is anchored by the establishment of the Indian National Space Promotion and Authorization Centre (IN-SPACe), which serves as a crucial facilitator, authorizing and supervising NGE activities.
Sri Lanka’s history of economic instability, marked by multiple currency collapses and inflation crises, has been exacerbated by excessive monetary stimulus and fiscal mismanagement.