Geneva, Switzerland, September 26, 2013 - IPOPHL Deputy Director General Allan B. Gepty (right) and IMPI Director General Miguel Angel Margain (left) sign cooperation agreement between the Philippines and Mexico
The Philippines and Mexico signed an agreement to increase technical collaboration in industrial property. The two countries, through their intellectual property (IP) offices, target to bank on the enhanced bilateral cooperation to further boost trade and innovation.
The agreement was signed on the sidelines of the General Assembly of the World Intellectual Property Organization (WIPO) that was held in Geneva in Switzerland from 23 September to 02 October 2013. Intellectual Property Office of the Philippines (IPOPHL) Deputy Director General Atty. Allan B. Gepty and Mexican Institute of Industrial Property (IMPI) Director General Miguel Angel Margain signed the agreement on behalf of the Philippines and Mexico, respectively.
Under the agreement, IPOPHL and IMPI will work together to promote innovation, creativity and technological advancement. The two IP offices will also cooperate to ensure the proper administration, protection, use and enforcement of industrial property rights.
Industrial property rights include patents for inventions, utility models for less technical inventions, industrial designs for aesthetic creations in industrial products, and trademarks for signs and names used in business.
Mexico, through IMPI, has registration systems for patent, utility model, industrial design, trade secret, lay-out design of integrated circuits and trademarks. The Philippines, through IPOPHL, has registration systems for patents, utility models, design and trademark.
With the agreement, IPOPHL and IMPI will establish mechanisms for the bilateral development and protection of industrial property. The non-exhaustive list of cooperation activities between the two countries includes:
- Exchange of best practices, experiences and knowledge on IP awarenesss;
- Exchange of best practices, experiences and knowledge on intellectual property rights;
- Exchange of experts for providing advice to human resources on specialized industrial property fields;
- Exchange and dissemination of best practices, experiences and knowledge on IP with the industry;
- Development of automation and modernization projects, new documents and information classification systems, and procedures management;
- Technical assistance for patent application through the exchange of search reports and patentability opinions for faster processing of applications and for licensing opportunities; and
- Collaboration on IP-related trainings for the local IP and business communities.
The Philippines and Mexico are both emerging and promising economies and IP destinations in Asia and Latin America, respectively. Both countries were also once colonies of Spain.
With a population of about 96 million, the Philippines is now one of Asia’s best performing economies. Its gross domestic product (GDP) in 2012 grew by 6.6%, ending the year with a GDP of USD250.2 billion. The stellar economic growth was propelled by higher government spending and exports.
Mexico is the second largest economy in Latin America, after Brazil. It has a population of about 121 million. With a growth of 3.9%, Mexico’s GDP in 2012 was USD 1.177 trillion. Its economy is heavily reliant on exports of goods and of oil.