[05-31-11] China\u2019s influence in the Latin American satellite market is building after it was announced that the Venezuelan government has reached an agreement with Chinese government to build a second geostationary satellite. Venezuelan news agency, AVN<\/b> reported the new collaboration between the two nations May 26. Venezuela\u2019s first satellite, Venesat-1 was launched into orbit back in 2008.
\n According to a report on AVN, Science, Technology and Intermediate Industries Minister, Ricardo Menendez said the new satellite would be used for monitoring. \u201cWe will have a satellite aimed at monitoring 24\/7 the national territory. This will give us huge potential regarding assistance in extreme situations,\u201d he says.
\n Venezuela is one of the emerging markets for satellite communications in Latin America. It has a population of around 28 million. Like many countries in the region such as Bolivia, Colombia and Mexico, among others, its government has a progressive attitude towards satellite.
\n The deal is also further indication of China\u2019s growing influence in the region. Maria Velez de Berliner, President, Latin Intelligence<\/b>, says China\u2019s progress here is definitely something to watch. \u201cChina\u2019s regional investments in critical infrastructure, telecommunications, natural resources, agriculture, critical infrastructure (ports, railroads, airports), logistics, finance, banking and the environment show China is committed to staying in the region over the long haul. And China\u2019s primary concerns are order and dependability of access to resources, all supported by satellites.\u201d
\nChina has also made its presence felt in other markets in region such as Bolivia, where it signed a deal with the local space agency to build a satellite late last year. \u201cBolivia\u2019s negotiations with China over China Great Wall<\/b> will probably result in the cheapest satellite delivered and launched in Latin America, costing around $300 million,\u201d Velez de Berliner says.
\n Velez de Berliner expects China\u2019s influence across the satellite sector to increase. \u201cChina is now Latin America\u2019s major strategic partner. The Chinese have the money, the technology and the long-term planning and staying power, and their focus is on investing in Latin America\u2019s critical infrastructure,\u201c she says.<\/p>\n","protected":false},"excerpt":{"rendered":"
[05-31-11] China\u2019s influence in the Latin American satellite market is building after it was announced that the Venezuelan government has reached an agreement with Chinese government to build a second geostationary satellite. Venezuelan news agency, AVN reported the new collaboration between the two nations May 26. Venezuela\u2019s first satellite, Venesat-1 was launched into orbit back […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-84782","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/84782"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=84782"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/84782\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=84782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=84782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=84782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}