12 October 2017
Reporter: Barney Dixon

WIPO Assemblies meeting ends with key agreements

The World Intellectual Property Organisation’s (WIPO) annual Assemblies meeting has concluded with key agreements between member states.

The new 2018-2019 programme and budget should lead to a 10.9 percent increase in revenue for WIPO, with expected revenues of CHF 830 million (€718 million). This is down to a growing demand for its global IP-filing and other services.

This revenue increase will not lead to any increase in user fees and WIPO does not plan to increase spending by any more than 2.7 percent.

Member states also approved special funding for WIPO’s capital investments, with a focus on information and communication technology. The Capital Master Plan for WIPO will cover 2018-2027, with a total of CHF 25.5 million (€22 million) for the 2018-2019 period.

WIPO members also agreed to consider four new external offices in 2018-2019, including one in Colombia as part of the organisations expansion of overseas office.

The WIPO arbitration and mediation centre’s alternative dispute resolution services were discussed and new partnerships with intellectual property authorities in member states were developed.

WIPO director general, Francis Gurry, welcomed a “spirit of engagement” from member states, suggesting that the “results have been very positive”.

Gurry commented: “You, the member states have given us, the Secretariat, the basis for going forward with the work of the organisation and I thank you for that confidence.”

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