Page 452 - MOE ENGLISH PR - MAY 2024

5/28/24, 2:39 PM Latest News
The MoU will establish a comprehensive framework and a flexible approach to promoting

creative and innovative endeavours, while also contributing to the development of new

policies and systems in the field of IP rights protection. Ultimately, it will contribute to the
economic growth and sustainable development of both economies.

The MoU was signed by H.E. Dr Abdulrahman Hassan Al Muaini, Assistant Undersecretary

for Intellectual Property Sector at the Ministry of Economy; and Kathi Vidal, Under Secretary

of Commerce for Intellectual Property and Director of the United States Patent and Trademark

Office (USPTO), in the presence of H.E. Abdulla Bin Touq Al Marri, Minister of Economy.

Under the terms of the agreement, the two sides will initiate a 5-year partnership to support
and enable American creators and innovators who possess U.S. patents to have their patents

registered in the UAE, provided they meet the set criteria.

H.E. Bin Touq said: “The UAE has placed great emphasis on cultivating a highly conducive

environment that fosters creative ideas and works. The country has effectively implemented

an integrated framework of laws and regulations concerning IP rights in line with global best

practices. We recognize that intellectual property is a cornerstone of the nation’s sustainable
development, in line with the goals outlined in the ‘We the UAE 2031’ vision.”

H.E. also underlined the importance of the latest partnership with USPTO, which marks a

significant milestone in enhancing the facilities and incentives offered to the private sector.

This will contribute to attracting creators of ideas, innovators, and creative minds, and

motivating them to establish and maintain their own businesses and fully capitalize on the
opportunities offered by the UAE’s business environment. Talented individuals who own

patents from the United States will be able to benefit from a streamlined process to swiftly

obtain patents from the UAE Ministry of Economy, ensuring their protection from any potential

infringement.

UAE’s advanced legislative & technological ecosystem that fosters innovation

Intellectual property protection is a priority in the UAE’s economic agenda. The country

provides all enablers in support of fresh entrepreneurial ideas and innovations, enabling them
to establish their businesses and grow them into profitable ventures in the UAE.

Entrepreneurs can also benefit from robust technological infrastructure and a range of

distinctive and inclusive residence programs tailored for entrepreneurs, investors, and

talented individuals. Additionally, the UAE has enacted three comprehensive laws that are

specifically designed to regulate and protect intellectual property rights. These are: the law on

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