Page 612 - MOE ENGLISH PR REPORT - JULY 2024

7/12/24, 4:40 PM UAE participates in 65th session of WIPO, reviews its efforts in building competitive intellectual property protection system
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 Dr. Abdulrahman Hassan Al Muaini, Assistant Under-Secretary for IP
Rights Sector at the Ministry of Economy, and 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 organisations 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 standardised 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

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