The Cana­di­an In­tel­lec­tu­al Prop­er­ty Of­fice (CIPO) and the Trinidad and To­ba­go In­tel­lec­tu­al Prop­er­ty Of­fice (TTIPO) have signed a Mem­o­ran­dum of Un­der­stand­ing (MOU) aimed at strength­en­ing bi­lat­er­al co­op­er­a­tion on in­tel­lec­tu­al prop­er­ty and deep­en­ing long­stand­ing re­la­tions be­tween the two coun­tries.

The agree­ment es­tab­lish­es a for­mal frame­work for col­lab­o­ra­tion be­tween the two agen­cies to en­hance in­tel­lec­tu­al prop­er­ty sys­tems, pro­mote in­no­va­tion, and sup­port en­tre­pre­neurs and busi­ness­es in both Cana­da and Trinidad and To­ba­go.

Un­der the MOU, both of­fices will co­op­er­ate in sev­er­al key ar­eas, in­clud­ing the ex­change of in­for­ma­tion on in­sti­tu­tion­al de­vel­op­ment and op­er­a­tional ex­pe­ri­ence; shar­ing of da­ta and best prac­tices; and col­lab­o­ra­tion on ca­pac­i­ty-build­ing and pro­fes­sion­al de­vel­op­ment ini­tia­tives. The agree­ment al­so pro­vides for joint work in oth­er ar­eas of mu­tu­al in­ter­est re­lat­ed to in­tel­lec­tu­al prop­er­ty ad­min­is­tra­tion.