Of this form the policy of Relations Exteriors of Venezuela have undergone radical changes and a more dynamic approach with powerful countries like China, India, Russia and other emergent ones glimpses. Exactly in those new openings, especially with China, the president has given beginning to interchanges that favor to him in their advance for a country that removes benefit to the profits that the countries of outposts have reached. Of there, its interest in acquiring this satellite. But as project were carried out east? One knows as it Wikipedia review the Satellite Simon Bolivar is born like part from project VENESAT-1 impelled by the Ministry from Science and Technology in the middle of 2004. That same year conversations with the Space Agency began Federal Russian, in principle was to make specific the agreement with Russia but before the refusal of this one to the Venezuelan proposal of technological transference, that included the formation of technicians specialized in the handling of the project Satellite Simon Bolivar, Venezuela decides to leave the agreement with Russia. Soon in October of 2004 the Venezuelan State decides to initiate conversations with China that accepted the proposal. Of this form technical Venezuelan they would be enabled in satelite technology, development of software and technical formation for the handling of the satellite from earth. It is said, that it the future stops to the Venezuelan government delay to produce satelite technology directed to send satellites from Venezuelan ground, with own technology.
The project the satellite was approved and made and placed in orbit by the National Administration China of the Space by a value superior to the 400 million dollars according to the specifications of the Union the International of Telecommunications. One hopes that with the putting into orbit of the satellite, Venezuela obtains major technological independence and of data transmission. Which is the objective of this satellite? On the matter it is indicated, that it is to facilitate the access and transmission of services of data by Internet, telephony, television, telemedicine and tele-education.