Representatives of the Intellectual Property Office of the Philippines (IPOPHL) and the Mexican Institute of the Industrial Property (IMPI) on Sunday signed a Memorandum of Understanding (MOU) to enhance cooperation in the protection and enforcement of intellectual property rights through joint activities. Deputy Director General of the IPOPHL Allan Gepty signed for the Philippines and IMPI Director General Miguel Angel Margain signed for Mexico.
The MOU was inked at the conclusion of the Asia-Pacific Economic Cooperation (APEC) Intellectual Property Experts Group (IPEG) Meeting in Cebu City.
Considered a milestone in the intellectual property (IP) development of both countries, the MOU hopes to “extend the cooperation activities, specifically those concerning the protection, use, and enforcement of the intellectual property rights, through the joint organization of symposia, seminars and workshops and other capacity-building activities, included in the corresponding Work Project”.
Both parties have also agreed to extend the validity of the MOU for another three years, and renew it further through a written agreement by both countries.
Mexican Ambassador to the Philippines Julio Camarena Villaseñor, who witnessed the signing of the MOU, said the agreement comes at “an auspicious time” as Mexican President Enrique Peña Nieto is set to make a state visit to the country on November 17.