Tuesday, 02 January 2024 12:17 GMT

Investment And Trade Court, WIPO Sign Cooperation Agreement


(MENAFN- The Peninsula) QNA

Doha: The Investment and Trade Court signed a cooperation agreement with the World Intellectual Property Organization (WIPO), aimed at strengthening partnership and exchanging expertise in the field of intellectual property rights protection.

The agreement was signed by President of the Investment and Trade Court Judge Khalid bin Ali Al Obaidli and Director of the WIPO Arbitration and Mediation Center Ignacio De Castro Llamas, in the presence of Director of the Intellectual Property Rights Protection Department at Ministry of Commerce and Industry (MOCI) Abdulbasit Al Ajji, along with a number of judges and court officials.

The agreement focuses on supporting the development of an advanced judicial environment capable of keeping pace with best international practices, thereby enhancing the court's role in protecting intellectual property rights and improving the investment climate in the State of Qatar.

On this occasion, HE Judge Khalid bin Ali Al Obaidli stated that this agreement reflects the Investment and Trade Court's commitment to engaging with leading international institutions and benefiting from their expertise, which strengthens Qatar's position as a developed center for intellectual property protection and the resolution of commercial and investment disputes.

Following the signing, the WIPO delegation toured the court's facilities, where they were briefed on its various departments and the mechanisms it employs to adjudicate commercial and investment cases.

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