Page 455 - MOE ENGLISH PR - MAY 2024

5/28/24, 2:39 PM UAE, USA boost cooperation on IP with MoU
US Patent and Trademark Office, representing the United States.

As part of the agreement, a cooperation program will be launched, spanning five years in its
initial phase. This program aims to facilitate the process for American inventors and

innovators holding US patents to obtain patents in the UAE, provided they meet the
necessary criteria and standards. This initiative underscores the commitment of both
countries to fostering an environment conducive to innovation and creativity while ensuring

the protection of intellectual property rights.

Abdullah bin Touq Al Marri emphasized the UAE's dedication to cultivating an environment
supportive of creative endeavors, underscoring the nation's success in establishing a robust

legislative and regulatory framework for the protection of intellectual property. This framework
aligns with international best practices and is integral to the UAE's broader vision for

sustainable development, as outlined in the "We Are the Emirates 2031" vision. Through
collaborative efforts such as this MoU, the UAE aims to position itself as a leading hub for

innovation and entrepreneurship, driving economic growth and prosperity in the region and
beyond.

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