The World Intellectual Property Organization (WIPO) Director-General Daren Tang was among the local and international dignitaries present when Egypt’s Prime Minister Mostafa Madbouly unveiled the nation’s National Strategy for Intellectual Property during a ceremony in the New Administrative Capital.
Launch of the National Strategy for Intellectual Property
The WIPO Development Agenda, the UN Sustainable Development Goals, and Egypt’s Vision 2030 are all in accord with the ceremony, which is being hosted under the patronage of Egyptian President Abdel-Fattah El-Sisi.
Given the important role that the intellectual property (IP) system may play in transforming the Egyptian economy and accomplishing the sustainable goals of the country’s Vision 2030, Madbouly said in a statement in the event that the action indicates the country’s interest in this field.
The strategy, which is the first of its type for IP, aims to establish a national apparatus for IP, promote digital transformation, and provide registration services using IT technologies in order to achieve institutional governance of IP.
The strategy aims to provide a legal framework for intellectual property rights, promote the digital transformation of government services, and propagate the concept of innovation by combining it with all stages of the educational process.
In order to promote and protect intellectual property (IP) around the world, the Geneva-based WIPO was established in 1970. Egypt has been a WIPO member since 1975 and has ratified 14 of the organization’s agreements.
The Paris Convention for the Protection of Industrial Property, the Berne Convention for the Protection of Literary and Artistic Property, the Patent Cooperation Treaty, the Madrid Agreement on the International Registration of Marks, and the Hague Agreement on the International Deposit of Industrial Designs is among the agreements covered.
On the eve of the ceremony, the country’s first-ever intellectual property (IP) exhibition was held to showcase a variety of designs and models of innovations in a variety of fields, including green fuels and environmentally friendly products, as well as innovative models of seeds, vegetable and fruit products, textiles, and electronics.
The prime minister also examined another group of pavilions at the expo, including those for steel industry components, emphasizing the need of having facilities specialized in the manufacturing of the components to minimize dependency on imports.