Israel and Morocco on Monday signed their first Memorandum of Understanding on intellectual property during a meeting in Geneva.
The goal of the five-year MOU is to boost innovation and strengthen entrepreneurial relations between innovators in both countries. It automatically renews at the end of the period, unless otherwise specified.
“This MOU is the testimony of our will to develop our cooperation and partnership in innovation, creativity and high technology, targeting fundamental fields for both Israel and Morocco, such as water governance, agriculture, science technology and competitiveness,” said Ambassador and Permanent Moroccan Representative to the U.N. in Geneva Omar Zniber.
The agreement was signed by Ofir Alon, executive director of the Israel Patent office and Abdelaziz Babqiqi, director-general of the Moroccan Office of Industrial and Commercial Property (OMPIC).
Daren Tang, director-general of the World Intellectual Property Organization in Geneva (WIPO) was also present. The signing ceremony took place on the sidelines of the Sixty-Third Series of Meetings of the Assemblies of the Member States of WIPO.
The hope is that the agreement will enable the two countries to share information between their national IP Offices, as well as provide better assistance to small- and medium-sized enterprises in the industrial property protection sector.
“This agreement will enable entrepreneurs and innovators to build a more prosperous and sustainable future for future generations in Israel and Morocco,” said Ambassador Meirav Eilon Shahar, permanent Israeli representative to the U.N. in Geneva. “We value this bilateral cooperation and will work to expand it throughout the multilateral arena from Geneva.”
This agreement is the latest in a series of collaborative steps being taken by Israel and Morocco since they normalized relations in December 2020 as part of the Abraham Accords.
The All Israel News Staff is a team of journalists in Israel.