Page 602 - MOE ENGLISH PR REPORT - JULY 2024

Al Marri 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 Organisation. These five

decades have been eventful, characterised by fruitful cooperation and
effective partnerships between the two sides."

He stressed 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
Organisation'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 operationalising 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 Organisation (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," Bin Touq stated.

https://www.bignewsnetwork.com/news/274449625/uae-participates-in-65th-session-of-wipo-
reviews-its-efforts-in-building-competitive-intellectual-property-protection-system