Page 460 - MOE ENGLISH PR - MAY 2024

5/28/24, 2:39 PM PRESSR: UAE and United States sign MoU to strengthen collaboration and share knowledge in the field of intellectual property rig…
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

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