Malta will be collaborating with China on intellectual property matters
following an agreement that was signed with China's State
Intellectual Property Office by the Maltese Department of Commerce,
making part of the Maltese Ministry for the Economy.
The memorandum of understanding (MOU) consists of a varied
working plan, including the sharing of information about laws,
legislation and policies surrounding intellectual property, the
exchange and training of personnel that will enable them to gain
working experience, the organisation of seminars about intellectual
property and the introduction of holding companies and
intermediary services in Malta.
Chris Cardona, the Maltese minister for Investment stated that
40% of all economic activity conducted within the EU is generated
by industries that are dealing directly with intellectual property rights.
This means that more efforts should be made to ensure that
businesses do not miss out on operating more efficiently