The Peruvian Institute for the Defense of Competition and Intellectual Property Protection (INDECOPI) informs in its website that it has signed three cooperation agreements related to the promotion and development of intellectual property.
China, Mexico and the Dominican Republic where the parties involved in three separate but not so quite different agreements signed by INDECOPI. The cooperation agreements are all based on the goal of strengthening the system of protection of intellectual property as follows:
- CHINA: to commit in the “exchange of information, views and information about the latest developments of the IP system and important issues of common interest, such as traditional knowledge and issues related to genetic resources, among others.”
- MEXICO: to create “greater cooperation at the level of experts in science and technology as well as training opportunities for both institutions.”
- DOMINICAN REPUBLIC: to expand “studies and research projects on topics of common interest”. Also they are looking to “promote the use of intellectual property records”; among other matters.
Encouraging scientific, technical progress and activities which result from cooperation between countries (in this case their national institutes of intellectual property) has indeed reciprocal advantages. Mutual cooperation agreements prepare and develop not only the IP system but also the economy of a country as well as enforce alliance among nations.
Source INDECOPI.
