Page 37 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

Press Release

efforts fall in line with the ‘We the UAE 2031’ vision and the objectives of the Ministry of
Economy to promote the UAE’s leadership and competitiveness in innovation and IP rights
protection."

He added: "The conference serves as a valuable platform to develop innovative policies to facilitate
cross-border patenting and launch new initiatives and projects that contribute to enhancing the
protection of the rights of creators and innovators. These will ensure more effective protection of
intellectual property applications and facilitate the exchange of experiences and best practices in
this regard, thereby promoting the sustainable development of Belt and Road joined countries."

H.E. Al Muaini reviewed the UAE's efforts to develop a robust legislative environment for IP in
accordance with international best practices, which include the amendment of three laws, namely,
the regulation and protection of industrial property rights, trademarks, and copyright and adjacent
rights. These efforts have contributed to advancing the UAE’s intellectual property environment
and enhancing the country’s overall innovation and R&D landscape. These measures ensure
comprehensive brand and authors’ rights protection and create opportunities and potential to attract
entrepreneurial and innovative ventures and investment from around the world in new economy
sectors.

The Assistant Undersecretary highlighted the importance of intellectual property in building a
prosperous future and supporting the achievement of sustainable development goals in several
critical areas including clean technology and health and education. He emphasized the need for
intellectual property in keeping pace with rapid technological developments and bridging the
digital gap, stimulating innovation and encouraging investment in advanced technologies.
Nearly 450 attendees participated in the third High-level Belt and Road Conference on Intellectual
Property, including industry officials, professionals, researchers and representatives of relevant
international organizations. The participants called for joint efforts to strengthen IP protection,
promote mutual recognition and protect geographical indicators more broadly, enhance intellectual
property protection in data and e-commerce, and provide an enabling environment for innovation.

-Ends-

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