Page 589 - MOE ENGLISH PR REPORT - JULY 2024

7/12/24, 4:38 PM UAE participates in 65th Session of WIPO reviewing its efforts in building a competitive intellectual property protection system - Mid…
and building distinct partnerships with leading IP institutions and ecosystem stakeholders at
the local, regional and global levels.

H.E. emphasized 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.

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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.

H.E. 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 Mr. 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 H.E. Bin Touq.

MoU with Japan to exchange of expertise in IP rights protection:

On the sidelines of the meeting, H.E. Bin Touq witnessed the signing of a Memorandum of

Understanding (MoU) between the Ministry of Economy and the Japan Patent Office (JPO). The

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