The agreement has been described as a milestone for enabling the developmanet of economic and sustainable projects in both countries.
Israel and Morocco continue to sign agreements to enhance the relationship between the two nations. Now, the two countries have met in Geneva and signed a memorandum of understanding on intellectual property in the business world. This agreement has been described as a "milestone" because of the great benefits that its implementation will bring to business cooperation on both sides.
The agreement was signed by Ofir Alon, Executive Director of the Israel Patent Office, and Abdelaziz Baqiqi, Director General of the Moroccan Industrial and Commercial Property Office. The agreement will become operational shortly and will run for five years.
Subsequently, it can be automatically renewed or even extended for further improvements. Read more