Agreement Signed During UAE Minister of Economy’s US Visit Will Help Accelerate Investment and Economic Cooperation
WASHINGTON, May 24, 2024 /PRNewswire/ — The UAE Ministry of Economy and the United States Patent and Trademark Office (USPTO) have agreed to enhance bilateral cooperation to spur additional economic growth, entrepreneurship, social and cultural development between the UAE and US. UAE Minister of Economy His Excellency Abdulla bin Touq Al Marri and Under Secretary of Commerce for Intellectual Property and USPTO Director Kathi Vidal signed the new Memorandum of Understanding (MOU) during a recent ceremony in New York City. The MOU will facilitate the exchange of best practices regarding intellectual property (IP) policies, protections, public awareness and educational outreach.
Under the terms of the agreement, the UAE Ministry of Economy and USPTO will engage in:
- Exchanges of best practices related to IP and related laws;
- Technical assistance and capacity building programs and activities; and
- Discussion and consultation on IP protection issues of mutual concern.
The UAE Minister of Economy is visiting the US to meet with business leaders, tech entrepreneurs and local officials, including the mayors of New York City and Miami Beach. During his visit, the Minister has emphasized the success of strengthened UAE-US trade ties and policy changes that have attracted more investors, entrepreneurs and a highly skilled workforce to the UAE.
“My message is simple:…
