Page 29 - MOE ENGLISH PR - MAY 2024
P. 29

Press Release





                 UAE participates in international diplomatic conference on genetic

                resources in Geneva to promote cooperation in IP & patent granting
                                                         systems




               Delegation sheds light on UAE’s efforts to develop a leading intellectual property
                                   system in accordance with global best practices





               Abu Dhabi, 30 May 2024:

               The UAE participated in the Diplomatic Conference on Genetic Resources and Associated
               Traditional Knowledge,  organized by the  World Intellectual Property Organization (WIPO) in
               Geneva.  The Conference marks the final stage of negotiations prior to the adoption of an
               international legal instrument on enhancing the effectiveness, transparency, and quality of the
               patent system. This will prevent the wrongful granting of patents to protect inventions that are not
               new or innovative with respect to genetic resources and traditional knowledge associated with
               them.


               The UAE delegation to the Conference was led by H.E. Dr. Abdul Rahman Al Muaini, Assistant
               Undersecretary for the Intellectual Property Sector at the Ministry of Economy, and a number of
               officials from various entities concerned with IP protection in the country. The Conference was
               attended by nearly 1,200 participants from WIPO member states and marked a paradigm shift in
               legalizing reliance on genetic resources for innovation and supporting IP’s role in the sustainability
               and growth of economies.

               In his speech at the Conference, H.E. Dr. Al Muaini emphasized that the UAE, under the guidance
               of its wise leadership, attaches great importance to protecting IP rights and enhancing its standing
               in the country. To this end, the UAE has established a robust legislative and technical environment
               to attract and promote talent, inventors, innovators, and entrepreneurs, and safeguard their creations
               and innovations in accordance with global best practices, in cooperation with partners at local,
               regional and international levels. These efforts stem from the country’s belief in the key role of
               intellectual property in building the knowledge economy.

               He said: "We appreciate the efforts of WIPO and participating countries in reaching the final phase
               of the  Treaty and establishing a clear legal  framework that ensures the protection of genetic

                                                              1
   24   25   26   27   28   29   30   31   32   33   34