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Published 11:58 20 May 2015 BST

The main symbol across the front of the flag is a circle constructed of seven rings interlinked, in an effort to portray how the entire planet is linked and related. The rings themselves also form a circle to symbolise the earth spinning across the universe.
If the design proposal gets the seal of approval, the flag could be used for space missions, sporting events or international policy making.Explore more on these topics: