INVERSION ECONOMY IN SPACE MEANS LOW TAXES IN SPACE الاقتصاد العكسي في الفضاء يعني انخفاض الضرائب في الفضاء

This dossier explores the growing collaboration between Europe and the MENA region (Middle East and North Africa) within the context of the emerging space economy. As competition for space dominance intensifies between the United States and China, the Mediterranean and the Gulf have emerged as strategic hubs, positioning the MENA region as a critical focal point. European nations, including Italy, are capitalizing on agreements with MENA countries to harness the potential of a shared space economy. Initiatives like the Mattei Plan and partnerships with Algeria, Egypt, and Gulf states underscore Italy’s commitment to strengthening strategic ties and driving innovation. While this competitive landscape offers substantial investment opportunities, it also underscores the need for greater coordination among European stakeholders to avoid conflicts and redundancies in their strategies. Space services and satellite technology are vital for addressing global challenges such as predicting extreme weather events, combating water scarcity, enhancing climate adaptation, maintaining critical infrastructure, and supporting disaster prediction and relief efforts. Moreover, Europe is well-placed to collaborate with Mediterranean and African nations to expand internet connectivity in remote areas and strengthen territorial control and security. The dossier concludes by highlighting the necessity of adopting a long-term vision, increasing investments, and forging strong alliances to establish the Mediterranean, Gulf, and Africa as key players and partners in the burgeoning space economy.

MEDITERRANEAN BRIDGES
UE-MENA POTENTIAL IN THE NEW SPACE ECONOMY
Several states in Europe, including Italy, are leveraging agreements with MENA nations to enhance the potential of a shared space economy.