NOIP Director Dinh Huu Phi (R) and IMPI Director General Miguel Angel Margain sign the cooperation MoU on August 21 (Photo: NOIP) Hanoi (VNA) – A memorandum of understanding (MoU)on cooperation in geographical indication (GI) protection was signed betweenthe National Office of Intellectual Property of Vietnam (NOIP) and the MexicanInstitute of Industrial Property (IMPI) in Hanoi on August 21.
The MoU aims to increase cooperation and mutualunderstanding on the respective countries’ GI systems and protection.
NOIP Director Dinh Huu Phi said Vietnam hasprotected 56 GIs, including 50 of Vietnam and six foreign ones. Fifty-four GIsof Vietnam have received protection in Mexico. Meanwhile, there have been 83brands, five industrial designs and eight inventions of Mexico protected inVietnam since 2010.
He expressed his hope that the two sides willwork actively together to build concrete projects within the MoU framework soas to tap into GI-related cooperation potential.
Under the document, they are set to shareknowledge, experience and work outcomes so as to promote GI protection andmanagement, thus facilitating the commercialisation of Vietnamese and Mexicanproducts with GIs and contributing to each country’s economic development.
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They will also raise public awareness of GIs,exchange experts to train manpower relating to GIs and relevant fields, andcooperate in GI registration procedures.
IMPI Director General Miguel Angel Margainsaid the MoU ensures a legal foundation for the production and business ofproducts with GIs in each country, helping to fight trade frauds and violationsin industrial property.
He added he hopes products with Mexican GIs willaccess Vietnamese consumers and vice versa.-VNA