Innovation Asset Blog

Oman prepares to appoint IP inspectors

Ahmed Al Saidy, director of the Intellectual Property Rights Department of the Ministry of Commerce and Industry, remarked his department plans to appoint inspectors to supervise the enforcement of laws around intellectual property rights, according to Zawya.

In his speech at the Protecting Your Intellectual Property Rights in Oman conference, Al Saidy said Oman has advanced considerably in intellectual property rights protection in recent years.

Riyadh Al Balushi, assistant legal advisor at the Ministry of Legal Affairs, told the audience there were no issues with the law itself, but that more effective means of enforcing the law around intellectual property would be ideal for a climate that attracts foreign business and investment.

"A welcoming business climate is one of the prerequisites for investment, and strong IPR protection and enforcement is critical to creating that environment," Paul R. Malik, deputy chief of the U.S. mission in Oman, told the conference. "IPR can be a strong driver of economic growth because IPR is the currency of innovation. Without IPR protection and enforcement no company can grow and succeed."

He also added the U.S. is committed to working with Oman to help the country create more jobs and a stronger economy.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.