The MoU was signed on February 23, 2018 and is intended to promote innovation, creativity and economic growth in both countries.
The statement said the MoU establishes a broad and flexible framework through which both countries can exchange best practices and work together on training programs and technical exchanges to raise awareness and better protect IPRs.
The priority initiatives under the MoU include exchange of best practices, experiences and knowledge on how to raise IP awareness among the public, businesses and educational institutions of both countries.
It also includes cooperation to understand how traditional knowledge is protected.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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