The Assembly of Parties of the European Telecommunications Satellite Organisation - Eutelsat IGO - was held in Paris on 20 July, chaired by ANACOM as Portugal's representative. The participants approved a resolution that warns Eutelsat SA (company) about possible retaliations, specifically the revision of pretexts that allow the transfer of rights from the former to the latter, should the company proceed with proposed changes to the Agreement between them.
Eutelsat IGO holds that the proposed changes would limit the capacity of the States and their agents to oversee compliance with the obligations assumed by the company at privatisation in 2001, namely by removing the mechanisms to protect and represent small stakeholders, as well as IGO's ability to effectively supervise the company's financial and commercial policies.
This resolution was defined in the 8 July meeting of the Advisory Committee (on which Portugal sits) and approved at the 32nd Eutelsat IGO Assembly of Parties.
The Assembly also approved a broad mandate for the Eutelsat IGO Executive Secretary to negotiate with the company new forms of overseeing the latter's activity, as well as changes to the Articles of Association and the Agreement.
