Briefing on global navigation satellite system: Transport Council, 8-9 June

Brussels, 9 June 2006

35th Council Meeting - Transport, Telecommunications and Energy. Brussels, 8-9 June 2006
Provisional version

The Council took note of the information provided by the Commission on the progress on the ongoing negotiations for the Galileo concession contract.

In 2007, the Commission will present a synthesis explaining the risk sharing over the entire concession period of 20 years. The Commission will present a proposal for the financial instruments needed for the development of Galileo.