Initiated by NASA in coordination with US State Department, Artemis Accords lays down a framework of principles that governs spatial explorations by governmental as well as private entities. Predicated on the Outer Space Treaty of 1967 (OST), it is a non-binding multilateral arrangement between the United States Government and other signatory nations participating in civil exploration. Launched on Oct. 13, 2020, the accords attempt at peaceful utilization of moon, mars, comets, asteroids and other celestial bodies. Article 2 of the Outer Space Treaty prohibits national appropriation of outer space including the moon as well as other celestial bodies.