Page 577 - MOE ENGLISH PR REPORT - JULY 2024

Trademark Law, the Copyright and Neighboring Rights Law and the Industrial Property
Rights Regulation and Protection Law and building distinct partnerships with leading IP
institutions and ecosystem stakeholders at the local, regional and global levels.

He emphasised that national efforts and joint work to launch more initiatives and pilot
projects that enhance the UAE’s position as an incubator that fosters creative and
innovative businesses are continuing. The Ministry of Economy is currently working on
the implementation of its new IP system. It includes 11 initiatives aimed at establishing a
competitive IP environment that enables inventors and creators to develop their
entrepreneurial ideas and turn them into viable business opportunities and projects.

The Minister of Economy said: “This year’s WIPO meeting is particularly important as it
coincides with our celebration of the 50th anniversary of the UAE’s accession to the
Organization. These five decades have been eventful, characterized by fruitful
cooperation and effective partnerships between the two sides.” He added that the UAE
is keen to continue its cooperation with WIPO and the Member States, looking forward
to more constructive work to support IP rights protection and the exchange of expertise
and knowledge, thereby contributing to the achievement of the Organization’s
sustainable development goals and promoting the growth of Member States’
economies.

Bin Touq added: “The UAE, in line with its leading role regionally and globally in
solidifying the importance of IP rights protection, reiterates its interest in implementing
and operationalizing the proposal to host Abu Dhabi as an external office of WIPO, and
supporting efforts to introduce Arabic into the Madrid System for International
Registration of Trademarks, thereby increasing Arab communities’ engagement with
WIPO, and promoting the principle of multilingualism.”

“The UAE warmly welcomes Daren Tang, Director General of the World Intellectual
Property Organization (WIPO), to the upcoming World Government Summit scheduled
for February 2025. The Summit will serve as a key opportunity for engaging in
discussions and deliberations on the future of the IP sector and the potential
opportunities it offers, along with the technologies supporting its development,” stated
Bin Touq.

MoU with Japan to exchange of expertise in IP rights protection

On the sidelines of the meeting, Bin Touq witnessed the signing of a Memorandum of
Understanding (MoU) between the Ministry of Economy and the Japan Patent Office
(JPO). The objective of this MoU is to establish a collaborative framework between the
UAE and Japan in the realm of intellectual property, specifically focusing on patents,
utility certificates, and industrial designs. The MoU was signed by H.E. Dr. Abdulrahman
Hassan Al Muaini, Assistant Undersecretary for IP Rights Sector at the Ministry of
Economy, and Mr. Hamano Koichi, JPO Commissioner.

https://www.gulftoday.ae/business/2024/07/10/uae-is-building-a-competitive--intellectual-
property-system