Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-473-250"

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"I welcomed this document because this report is a response to the Commission’s Communication on the mid-term review of the autonomous European Global Navigation Satellite Systems (GNSS) (Galileo and EGNOS), which assesses the process and implementation so far and launches the debate on its future governance, exploitation and financing. The EU decided to set up its own global navigation satellite system for two key reasons: firstly, Europe’s independence from other global navigation systems and autonomy, and secondly, to gain a share in this fast growing worldwide high-tech market, which today, to a large extent, is dominated by the US. Indirect benefits of the programme are estimated to be around EUR 60 billion per year (including the downstream and upstream market and public benefits). GNSS is seen as a disruptive technology, with high potential to create innovations, build up a high-tech knowledge base and increase productivity in many sectors. Annual growth rates of the market for GNSS-enabled products and services are estimated to be above 10%. The Commission should launch a comprehensive analysis to identify more precisely the possible scenarios and means of operation and exploitation post 2013. This includes all commercial aspects of the exploitation as well as the legal, contractual and financing structures of the different exploitation models that will ensure that a stable governance model is put in place."@en1

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