Emirates Information Company – The United Arab Emirates and Korea signal a memorandum of understanding to strengthen the regulatory and authorized framework for the mental property surroundings within the nation
Tuesday, January 17, 2023 – 12:34 p.m
ABU DHABI, seventeenth January, 2018 (WAM) — The Ministry of Commerce and the Korea Mental Property Workplace signed a memorandum of understanding on the headquarters to reinforce cooperation and alternate of experiences and data between the 2 international locations within the fields of mental property of the Ministry of Commerce in Abu dhabi
The memorandum was signed by His Excellency Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economic system, and on the Korean aspect by Lee Incel, Commissioner in control of the Korean Mental Property Workplace.
His Excellency Abdullah Al Saleh emphasised that because of the imaginative and prescient and pointers of the clever management, the UAE has paid shut consideration to growing the mental property surroundings to a pioneering and excellent degree and in accordance with worldwide finest practices, which has led to the help and Fostering contributed to innovation and creativity on the degree of people and establishments inside society and to deliver a couple of complete and qualitative growth of legal guidelines and mental property within the mild of the Fifty Targets and Rules and the UAE Centennial Imaginative and prescient 2071.
He added: “The Ministry of Economic system strives to extend its efforts to develop the mental property system and promote innovation to help the method of switch and localization of superior applied sciences, create an surroundings for scientific analysis, progressive and inventive actions develop and construct expert energies, in a approach that strengthens the nation’s mental property competitiveness and creates an surroundings conducive to analysis, growth and innovation.” And consistent with the targets of the Nationwide Innovation Technique.
His Excellency continued: “The signing of the memorandum with the Korean aspect is a continuation of the sequence of memorandums of understanding that the Ministry of Economic system has signed with the Korea Workplace, some of the vital skilled homes within the area of mental property. The brand new memorandum goals to strengthen the regulatory and authorized framework for the mental property surroundings within the UAE and to qualify and educate specialists and cadres.” Nationwide researchers, designers, PhD college students and others on mental property rights and sharing their newest experiences and data of recent mental property authorized framework, which can embrace mental property legal guidelines and screening insurance policies and practices for purposes submitted on rising applied sciences akin to synthetic intelligence, non-fungible tokens, string blocks, metaverse” .
The memorandum additionally consists of enhancing cooperation between the 2 sides to research and use patent data with the intention of figuring out and growing superior applied sciences within the nation, in addition to sharing data on examination practices within the fields of commercial design, built-in circuits and others.
It’s noteworthy that the Ministry of Economic system has achieved progress in lots of mental property purposes filed with it, together with a 55.5% progress within the variety of patent purposes registered in 2022 in comparison with 2021 and a 30.6% progress within the variety of industrial patent purposes design patent purposes for the yr 2022 in comparison with 2021.
Whereas the variety of examined patent purposes for the yr 2022 elevated by a progress fee of 5.4% in comparison with 2021.
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