What is the World Intellectual Property Organization (WIPO) and what is its purpose?

United Nations And Its Agencies Questions



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What is the World Intellectual Property Organization (WIPO) and what is its purpose?

The World Intellectual Property Organization (WIPO) is a specialized agency of the United Nations. Its purpose is to promote and protect intellectual property (IP) rights worldwide. WIPO works towards developing a balanced and effective international IP system, facilitating cooperation among member states, and providing services and support for the protection of IP rights. It also administers various international treaties related to IP, such as the Patent Cooperation Treaty (PCT) and the Madrid System for the International Registration of Marks.