EAPO President Grigory Ivliev took part in the section ‘Enhancing IP Capacity as a Resource for Competitiveness’ organized by Kyrgyzpatent within the 15th International Forum ‘Innovative Development through IP Market’.

During the meeting the participants discussed the development of the IP ecosystem and market infrastructure. The EAPO President highlighted an increase of more than 20% in the number of Eurasian applications for inventions and more than 60% for industrial designs from residents of the EAPO Member States. The increase in patent activity is associated with the implementation of initiatives on joint creation and use of new technologies and industrial cooperation in the Eurasian space.

‘International technological exchange is a necessary step for the development of innovative companies and increasing their capacity. And the most reasonable direction for the international expansion of any high-tech company in our countries is the Eurasian region,’ said Grigory Ivliev.

The EAPO President presented the ongoing projects and objectives that contribute to the development of the Eurasian IP market.