The EU to strengthen intellectual property rights in Moldova, Ukraine and Georgia under a new program worth a total of €4 million.
In particular, the European Commission and the European Union Intellectual Property Office (EUIPO) signed on December 12 a new project in support of Moldova, Ukraine and Georgia, to be implemented by EUIPO and aimed at supporting economic development in the three partner countries by strengthening intellectual property rights and creating a favorable environment for innovation, creativity and competition. According to the European Commission, the signed agreement is the result of a new, enhanced cooperation with EUIPO and establishes a 4-year program in Moldova, Ukraine and Georgia for a total amount of €4 million, co-financed by the European Commission (€2.8 million) and EUIPO (€1.2 million). This new program will directly contribute to the objectives set out in the Economic and Investment Plan (EIP) of the Eastern Partnership, supporting the establishment of a solid legal framework that supports and enforces intellectual property rights (IPR). The European Commission emphasizes that intellectual property rights play a crucial role in promoting economic development by encouraging innovation, attracting investment and stimulating competition. Through this joint action, the European Commission, EUIPO and the partner countries will work together to build a more sustainable, competitive and integrated economy. "The project will support the three countries in their quest to join the EU by supporting regulatory compliance with EU rules and policies. In addition, the new project will also support Ukraine, Moldova and Georgia in meeting their commitments under the Deep and Comprehensive Free Trade Agreement (DCFTA) signed with the EU and currently being implemented," said European Commission Director General for Neighborhood and Enlargement Negotiations Gert Jan Koopman. // 14.12.2023 - InfoMarket.
