Page 192 - MOE ENGLISH PR - MAY 2024
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6/3/24, 9:35 AM                                              Latest News
        resources include medicinal plants, agricultural crops, animal breeds and other inventions,

        which cannot be directly deemed as intellectual property. However, the inventions on which

        they are based can be protected by improving and regulating the granting of patents, to which
        all signatories are bound by the Treaty.

        The Treaty obliges member states to comply with all standards approved by the Organization,

        whereby the parties acceding to the Treaty must adopt a system for the detection of genetic

        resources in the application for patents submitted to them and entities affiliated to them. The

        inventor or innovator is required to disclose the source of the country of origin of the genetic

        material and any associated traditional knowledge on which his/her innovation is based on. It
        was agreed that member states would begin to develop their regulations in preparation for the

        final signing of the Treaty and commit themselves to its provisions in coordination with WIPO.

        Ministry of Economy’s active participation in the diplomatic conference

        The participation of the Ministry of Economy in the Conference, representing the UAE,

        underscores the country's leadership in complying with international norms and standards on

        IP protection, the importance of the sector in sustainable economic development, and the
        consolidation of its position as a global hub for innovation and creative economy.

        The Ministry will soon begin working on the implementation of the new treaty through

        cooperation with patent offices and international bodies to ensure effective implementation of

        patent screening requirements with high efficiency and in full compliance with international

        standards.
        -Ends-


































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