Page 590 - 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…
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.

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.

The UAE has been actively working on strengthening its regional and international cooperation

in IP rights protection. This has been accomplished through its participation in various
international agreements and treaties such as the ‘Nice Agreement,’ and the ‘Madrid Protocol’.

Additionally, the UAE has joined the ‘Budapest Treaty’, which plays a crucial role in supporting
innovations and fostering a conducive environment for scientific research related to

microorganisms. The country has also acceded to the ‘Strasbourg Agreement,’ which aims to
promote and classify patents according to a standardized international classification.

UAE’s IP sector witnesses continued growth:

The UAE’s IP sector continues to experience growth with positive outcomes and indicators that
reflect the effectiveness of the economic legislation, initiatives, and projects launched and

announced to develop and enhance this vital sector over the past years.

In the first half of 2024, the Ministry of Economy recorded an increase in the registration of
trademarks, with a total of 15,319 trademarks being registered. This indicates a growth rate of

3.4 per cent compared to the same timeframe in the previous year. In 2023, the overall
number of registered trademarks reached 31,280, reflecting a 16.5 per cent growth.

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