| 2-2-1-2 DECLARATION OF THE FIRST MEETING OF EQUATORIAL COUNTRIES(Adopted on December 3,1976) (1177 words) |
 | The geostationary orbit is a circular orbit on the Equatorial plane in which the period of sideral revolution of the satellite is equal to the period of sideral rotation of the Earth and the satellite moves in the same direction of the Earth's rotation. |
| Equatorial countries declare that the geostationary synchronous orbit is a physical fact linked to the reality of our planet because its existence depends exclusively on its relation to gravitational phenomena generated by the earth, and that is why it must not be considered part of the outer space. |
| The geostationary orbit is a scarce natural resource, whose importance and value increase rapidly together with the development of space technology and with the growing need for communication; therefore, the Equatorial countries meeting in Bogota have decided to proclaim and defend on behalf of their peoples, the existence of their sovereignty over this natural resource. |
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