[ComfortEagle]

The Outer Space Treaty provides a legal framework for the international use of space for peaceful purposes, including the moon and other celestial bodies. Widely considered the "Magna Carta of space law," this treaty lays down the fundamental principle of non-appropriation and that the exploration and use of space shall be the province of all mankind.

According to the treaty, states bear international responsibility for national activities in space, including by non-governmental entities. The Outer Space Treaty says governments cannot claim ownership of the lunar surface and that stations and installations on the moon shall be open to others, said Hedman.

The Moon Agreement builds upon the Outer Space Treaty but also says that any natural resources found on the moon are part of "the common heritage of mankind" - in other words, they must be shared.

While 98 nations, including all the major spacefaring ones, have ratified the Outerspace Treaty, only 13 countries have approved the Moon Agreement -- Kazakhstan, Lebanon, Uruguay and Mexico, to name four.

But Hedman said this does not mean the other 179 countries that have not ratified the Moon Agreement are free to make a lunar land rush.

"They are still bound by the fundamental provisions [of the Outer Space Treaty]," he said, adding that "when enough states of the world have ratified a treaty, and it becomes binding, then certain fundamental provisions become binding even on states that have not ratified it."

http://www.cnn.com/2008/TECH/space/05/19...index.html - read more here.

^Hmmmmm.....