The Saudi Space Commission is organizing 2020’s first meeting of space agency leaders that belong to G20 countries, the Saudi Press Agency (SPA) reported.

The meeting, hosted by the G20 Saudi Secretariat, as a part of the International Conferences Program honoring the G20 Saudi Presidency Year 2020, is titled Space Economy Leaders’ Meeting - 20.

Its purpose is to facilitate a stage on which influential countries (who foster the common vision of elevating the space sector) can collaborate on future and existing projects revolving around peaceful space exploration, space industry investment, and space science innovation.

His Royal Highness Prince Sultan bin Salman bin Abdulaziz, Chairman of the Board of Directors of the Saudi Space Commission, stressed the importance of this first-of-its-kind meeting, which was initiated by the Kingdom of Saudi Arabia.
Not only will it serve as a platform on which cooperation takes place, but also as a forum through which the Kingdom's political, economic, and scientific commitments to peace and international development are underscored.

The meeting will be held virtually (via video broadcast) today, October 7, 2020, and will involve space agency leaders, the United Nations Office for Outer Space Affairs (UNOOSA), the Organization for Economic Co-operation and Development (OECD), and a number of other organizations, consulting firms, economic entities and experts in the fields of space.

The first Space Economy Leaders Meeting -20 is expected to issue a final statement that will reveal recommendations to G20 Space Agency countries, all of which in line with the United Nations’ “Space2030” agenda.