The UAE Ministry of Economiy has exposed the signing of a new teamwork contract with the Korean Intellectual Property Office (KIPO) intended to enhancing the UAE's license system. The arrangement drops within the framework of completion and application of the regards to a Memorandum of Understanding (MoU) authorized by the two celebrations in October of in 2015, which aims to boost the patent system in the UAE.

The contract was authorized during the UAE - Korean Bilateral Meeting that was held recently in Seoul by Eng. Mohammed Ahmed bin Abdul Aziz Al Shehhi, Undersecretary for Economic Affairs of the UAE Ministry of Economic situation, and Choi Dong Yu, General Commissioner of KIPO. Likewise present during the ritualistic signing was Khalfan Al-Suwaidi, Director of the Industrial Property Department of the Ministry of Economic situation and a variety of authorities and workers from the Ministry and KIPO.

Under the regards to the agreement, highly qualified technical experts and license evaluation specialists from Korea will certainly be assigned to the International Center for License Registration to see how they could settle and strengthen the UAE's intellectual property facilities while additionally providing appointment and training solutions to additional upgrade legislative and regulatory structures - therefore aiding in the move to support the UAE's method on intellectual property.

H.E. Shehhi shared that the UAE has applied a successful collection of steps to the more growth of its intellectual property environment over the last few years and has actually taken a leading duty in securing the civil liberties of creators and developers, which enhances the UAE's competitiveness in this dynamic area and contributes to establishing a stimulating atmosphere for research, development and innovation in the UAE.

Al Shehhi included, "The newly signed agreement with KIPO will add to giving the International Center for Patent Registration in the Ministry of Economic situation with key benefits and advantages like resolving the need for proficiency and technological examination personnel required to develop its performance and work requirements and standards; satisfy the demands for training national competencies and certifying them for excellence in patent exam and enrollment; preparing a complete overview on how to send worldwide applications for patents; create a roadmap for assigning the Center as an International Searching Authority (ISA) and International Preliminary Examining Authority (IPEA) in line with the Patent Cooperation Treaty (PCT) under the umbrella of the World Intellectual Property Organization (WIPO).