Galileo Project
– China Daily
THE European Union (EU) wants China to fully participate in the development of a future satellite navigation system called Galileo which aims to rival the United States' global positioning system.
European Commission vice-president Jacques Barrot, also the commissioner responsible for transport, said China should be fully represented in the project after Galileo recently began negotiations to construct the system.
“China should remain part of the Galileo project until the end,” he said at the first China-EU Summit on aviation, adding he was delighted by the “strategic partnership which is starting to take shape with China”.
China has agreed to sign seven contracts with the EU to participate in Galileo and has committed itself to a Euro200mil (RM907mil) investment in the project, which has an estimated final cost of Euro3.5bil (RM15.9bil).
China's participation in Galileo would ensure it was well placed to enjoy the benefits of the programme when it hosted the 2008 Olympic Games and the 2010 World Fair in Shanghai, he said.
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