Morocco Secures Top Position in the International Intellectual Property Index for Africa and the Arab World
According to the latest report released by the American Chamber of Commerce on February 22, 2024, Morocco has secured the first position in both Africa and the Arab region in International Intellectual Property Index. Out of the 55 countries evaluated, Morocco maintains its rank of 22nd globally, with an overall score of 62.76 points.
This remarkable achievement is a testament to the significant progress made by Morocco in implementing new regulatory and legislative measures. Specifically, the country’s participation in key international treaties such as the Singapore Treaty on Trademarks and the Geneva Act on Fees and Industrial Designs has had a positive impact on its ranking. In addition, Morocco has launched various initiatives to foster innovation, including the establishment of the Innovative Projects Bank, the Patent Valorization Platform, and the introduction of Fast-Track Patent Examination (PPH) in collaboration with multiple industrial property offices. These initiatives aim to streamline and expedite the processing of patent applications.
The top ranking obtained by Morocco also reflects the upward trajectory witnessed in trademark applications, patents, fees, and industrial designs in recent years. It highlights the country’s commitment to creating a favorable environment for intellectual property rights and encouraging innovation across various sectors.
Morocco’s outstanding performance in the International Intellectual Property Index demonstrates its position as a leading player in intellectual property protection and enforcement. This achievement not only strengthens Morocco’s reputation but also reinforces its attractiveness as a destination for foreign investment and technology transfer in the region.
The continued commitment of Morocco to enhancing its intellectual property framework sets a positive example for other countries aspiring to bolster their own systems. It paves the way for increased collaboration, knowledge sharing, and economic growth through innovation and creative endeavors.
Overall, Morocco’s first place ranking in the International Intellectual Property Index underscores its commitment to fostering a supportive environment for intellectual property rights, innovation, and economic development in Africa and the Arab world.
