Prague, March 28 -- The Czech government has prohibited an investment from a Chinese firm in a satellite station due to concerns over potential espionage, as reported by TVP World.

The company, Emposat, which is headquartered in Beijing, intended to install a satellite dish at a location in the village of Vlkos in the Moravia region of eastern Czechia, according to the report from TVP World.

During a private meeting last week, the ministers finalised an order to halt the venture.

This marks the first instance in which Czech authorities have applied the most stringent measures allowed under a 2021 law aimed at reviewing foreign investments, media reports indicate.

The leaked document, initially reported by the Seznam Zpravy website, no...