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China Signs Satellite Agreement with Bolivia

China Great Wall Industry Corporation signed an agreement with the Republic of Bolivia at the Presidential Palace in La Paz. The agreement includes the delivery of a communications satellite and corresponding land systems. The satellite will be based on the Chinese Dong Fang Hong 4 platform. It will be launched 33 months after the contract takes effect. The theoretical life span of the satellite is 15 years. This is the first satellite owned by Bolivia. China entered the international satellite production and launching market in 1990. This is the sixth on-orbit delivery contract.

Source: Xinhua, April 2, 2010