A Monegasque delegation took part in the 64th series of meetings of the Assemblies of Member States of the World Intellectual Property Organization (WIPO) held in Geneva from July 6 to July 14. Monaco’s team was led by HE Mrs. Carole Lanteri, Ambassador and Permanent Representative of Monaco to the United Nations Office at Geneva.

These annual meetings allow WIPO’s 193 Member States to discuss the future of the global intellectual property ecosystem and the role of the organisation in promotion of the economic, social and cultural development of all countries. important decisions were taken on the major orientations of the work of WIPO, of the systems that it administers (registration of international applications for patents, trademarks, designs and industrial models, geographical indications, and so on.)

The program of work and budget for the biennium 2024-2025, which includes revenue of 972.6 million Swiss Francs, was also agreed.

This figure confirms the continued growth the use of intellectual property around the world, which has not been denied despite the pandemic and the geopolitical context.

Monaco’s Government said: “We also note the desire expressed by the Assemblies to see the WIPO continue the cooperation and the provision of technical assistance to Ukraine in order to assess the impact of the war on innovation and creativity in Ukraine, and to support this country in the reconstruction of this area. This decision was the subject of intense negotiations in which the Monegasque delegation took part.

Finally, on the sidelines of these meetings, the Monegasque delegation was able to meet several representatives of the WIPO Secretariat in order to draw up an initial assessment of the implementation of the agreement signed between the Principality and the Organization in November 2022, on the occasion of the visit to Monaco by Mr Daren Tang, Director General of WIPO.

ORIGINAL SOURCE & PHOTO: Monaco Government Press Service