The Council of Ministers approves the Indicative Model of a Memorandum of Cooperation in the Field of Intellectual PropertyPublic Relations
The Council of Ministers, headed by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, may God protect him, agreed during a session held yesterday- through visual communication – the Indicative Model of a memorandum of cooperation in the field of intellectual property between the Saudi Authority for Intellectual Property in the Kingdom of Saudi Arabia and the authorities concerned with intellectual property in Other countries.
The importance of the decision lies in enabling the Authority to enhance cooperation in the field of intellectual property, developing existing strategic partnerships and contribute to its continuation, as well as developing the economy, improving technical and knowledge exchanges, enhancing competitive advantage and deepen friendship between the Kingdom and other countries.
SAIP clarified the types of fields of cooperation between it and the authorities and offices concerned with intellectual property in various countries, the most important of which are developing intellectual property strategies, systems and policies, developing information technology, as well as exchanging advice and experiences in the field of emerging technologies including artificial intelligence of intellectual property, managing intellectual property information and exchanging its data, working on training and developing competencies, contributing to the definition of intellectual property, raising awareness of its value and importance, promoting respect of intellectual property and its enforcement, and developing intellectual property processes and procedures.
The CEO of the Saudi Authority for Intellectual Property, Dr. Abdulaziz bin Muhammad Al-Swailem express his thanks and appreciation to the Custodian of the Two Holy Mosques and the Crown Prince, “may God preserve them,” for their attention and care about intellectual property. Stressing the importance of this cooperation to enable and enhance strategic partnerships, which contributes to achieving the goals of the authority in regulating the fields of intellectual property in the Kingdom, supporting, developing, sponsoring, protecting, enforcing and upgrading them according to international best practices.
It is worth noting that since its foundation, the Saudi Authority for Intellectual Property has worked to build many strategic partnerships with a group of leading intellectual property offices around the world aiming to exchange experiences and benefit from competencies.