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Caribbean Ministers Sign IP Development Agreement
by Glen Shapiro, LawAndTax-News.com, New York

04 December 2003

Several Caribbean countries have signed up to a new agreement on intellectual property development, the World Intellectual Property Organization (WIPO) announced this week.

Following the WIPO Ministerial Level Meeting on Intellectual Property for Caribbean Countries, which was organized in conjunction with the Ministry of Justice and Legal Affairs in Antigua and Barbuda, and held at St John's on November 28 and 29, it was revealed that Antigua and Barbuda, Barbados, Dominica, Guyana, Jamaica, St Kitts and Nevis, St Lucia, St Vincent and the Grenadines, and the Republic of Trinidad and Tobago all signed the multilateral agreement.

According to WIPO:

"The agreement establishes the terms of a project that is designed to support a more effective integration of the region into the global economy by fostering technological innovation, creativity and competitiveness through intensive and effective mobilization and use of intellectual property."

The Organization revealed that other governments in the region (such as the Bahamas, Belize, Grenada, Haiti, and Suriname, all of which attended last week's meeting) are expected to sign the agreement over the next three months.

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