Page 578 - MOE ENGLISH PR REPORT - JULY 2024

The MoU signifies a key milestone in the UAE’s efforts to expand its international
cooperation and foster dialogue and collaboration with relevant global organizations and
institutions in the field of IP. It will reinforce the UAE’s position as a prominent hub for
the new economy, while also striving for excellence and competitiveness in innovation
and IP rights protection. These efforts align with the objectives outlined in ‘We the UAE
2031’ vision.

Under the terms of the MoU, spanning a period of five years, both sides will cooperate
to share knowledge about intellectual property systems and practices in line with
international standards. Another objective is combatting infringements on intellectual
property rights of commercial goods. The partnership also includes training and
developing nationals, ensuring they stay well-informed about the latest technological
advancements and digital resources, thereby enhancing their understanding of
contemporary intellectual property practices.

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