February 1977
From The Space Library
Japan, one of five countries that previously had agreed to be major investors in a $200 million international maritime satellite organization (Inmarsat), had declined to participate in a preparatory committee set up to act until formal documents were ratified, Av Wk reported.
Forty countries would be Inmarsat members; besides Japan, the other four major shareholders were to be the U.S., the U.K., the USSR, and Norway. The preparatory committee had met in London in Jan. under sponsorship of the Intergovernmental Maritime Consultative Organization, an arm of the UN, and had set up three panels: one on satellite system parameters; one on economic, marketing, and financial matters; and one on organization procedures, all of which were to meet in the interval before the next committee meeting set for Oct. 1977. Japan gave no reason for withdrawing. (Av Wk, Feb 7/77, 23)
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