its existence depends exclusively on its relation to gravitational phenomena generated by the earth, and that is why it must not be considered part of the outer space. Therefore, the segments of geostationary synchronous orbit are part of the territory over which Equatorial states exercise their national sovereignty. The geostationary orbit is a scarce natural resource, whose importance and value increase rapidly together with the development of space technology and with the growing need for communication; therefore, the Equatorial countries meeting in Bogota have decided to proclaim and defend on behalf of their peoples, the existence of their sovereignty over this natural resource. The geostationary orbit represents a unique facility that it alone can offer for telecommunication services and other uses which require geostationary satellites. The frequencies and orbit of geostationary satellites are limited natural resources, fully accepted as such by current standards of the International Telecommunications Union. Technological advancement has caused a continuous increase in the number of satellites that use this orbit, which could result in a saturation in the near future. The solutions proposed by the International Telecommunications Union and the relevant documents that attempt to achieve a better use of the geostationary orbit that shall prevent its imminent saturation, are at present impracticable and unfair and would considerably increase the exploitation costs of this resource especially for developing countries that do not have equal technological and financial resources as compared to industrialized countries who enjoy an apparent monopoly in the exploitation and use of its geostationary synchronous orbit. In
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