Page 296 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

9/29/24, 1:11 PM PRESSR: UAE highlights its efforts to enhance legislative framework for IP rights protection — TradingView News
The Conference was aimed at strengthening cooperation among countries

along the Belt and Road in the field of IP rights protection, transforming it

into a route for peace, prosperity, openness, and innovation. Additionally,
it contributed to facilitating linkages between diverse cultures and

promoting innovation and knowledge along the New Silk Road economic

belt.

H.E. Al Muaini highlighted the significant role of IP in driving the expansion

and prosperity of global economies, thereby supporting their transition

towards advanced economic models based on innovation and creativity.
Furthermore, IP plays a key role in promoting the collective economic

development of Belt and Road countries, and grow a robust framework for

safeguarding IP applications in accordance with international best

practices.

He said: "The UAE continues to support global efforts to protect

intellectual property rights and create a catalytic environment for
innovation and creativity. The country strives to build partnerships and

strengthen cooperation with international IP institutions, consolidating its

position as a leading regional and global destination for patents and

creative businesses. These efforts fall in line with the ‘We the UAE 2031’

vision and the objectives of the Ministry of Economy to promote the UAE’s

leadership and competitiveness in innovation and IP rights protection."

He added: "The conference serves as a valuable platform to develop
innovative policies to facilitate cross-border patenting and launch new

initiatives and projects that contribute to enhancing the protection of the

rights of creators and innovators. These will ensure more effective

protection of intellectual property applications and facilitate the exchange

of experiences and best practices in this regard, thereby promoting the
sustainable development of Belt and Road joined countries."

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