Saudi Arabia participates in Intellectual Property Conference in Beijing

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The Intellectual Property Conference for the Countries on the Belt and Road concludes its work in China with the active participation of the the Saudi Intellectual Property Authority. (Photo / Supplied)
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The Intellectual Property Conference for the Countries on the Belt and Road concludes its work in China with the active participation of the the Saudi Intellectual Property Authority. (Photo / Supplied)
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The Intellectual Property Conference for the Countries on the Belt and Road concludes its work in China with the active participation of the the Saudi Intellectual Property Authority. (Photo / Supplied)
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The Intellectual Property Conference for the Countries on the Belt and Road concludes its work in China with the active participation of the the Saudi Intellectual Property Authority. (Photo / Supplied)
Updated 31 August 2018
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Saudi Arabia participates in Intellectual Property Conference in Beijing

JEDDAH: The Saudi Authority for Intellectual Property (SAIP) participated in the Second Intellectual Property Conference of the Countries along the Belt and the Road 2018, which was launched in the Chinese capital Beijing under the patronage of the President of the People’s Republic of China, Xi Jinping.
The 9th CPAC will take place from Aug. 30th to 31tst and this year’s CPAC will bring together thought leaders from around the world to discuss the latest trends and topics in the intellectual property industry, and unparalleled networking opportunities. The CPAC provides the sheer opportunity for you to learn and exchange ideas with other IP elites beyond the border.
This conference discussed ways to continue working on and protecting intellectual property rights in the countries located on the belt and road initiative, in order to become achieve peace, prosperity, openness and innovation. It also aims at linking different civilizations and promoting innovation and knowledge in the Silk Road.
Dr. Abdul Aziz Al-Swailem, SAIP Executive Chairman, said the intellectual property system plays a crucial role in promoting joint development between the countries.
Saudi Arabia stresses on providing strict intellectual property protection, guaranteeing the protection of intellectual property rights for companies and individuals under the system, building an environment conducive to business and innovation and creating an investment environment with high quality protection in the Kingdom.
He expressed his gratitude and appreciation to Chinese President Xi and to the organizers of the conference, in addition to the World Intellectual Property Organization (WIPO), expressing his desire that all participating parties would work to enhance communication and cooperation for mutual benefit, push for more effective protection and use of intellectual property rights and joint development of innovation, with all countries’ interests in mind.
This World Conference carries worldwide recognition, due to the participation of a range of countries active in the field of intellectual property rights, along with high-level global interest.


Saudi Crown Prince takes Pakistan bond ‘to new level’

Updated 18 February 2019
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Saudi Crown Prince takes Pakistan bond ‘to new level’

  • Asseri said Saudi Arabia has deferred payments on oil worth billions of US dollars from time to time in order to ease pressure on the Pakistan economy
  • Pakistan’s relatively young population is also hoping for a stronger relationship with the Kingdom

RIYADH: A major transformation is underway in Saudi Arabia’s economic relationship with Pakistan, according to Dr. Ali Awadh Asseri, a former ambassador to Islamabad.

In a wide-ranging interview with Arab News, the former envoy said greater interaction between business and the private sectors in both countries will take the historical bond “to a new level.” 

Asseri, who spent nine years in Islamabad and was the second-longest serving Saudi ambassador to the country, said: “We know that Saudi Arabia and Pakistan have always enjoyed an incomparable level of understanding and friendship based on religion, culture and values. There is a historical bond between the two countries. 

“I have no doubt that Crown Prince Mohammed bin Salman is taking a cohesive approach to strengthen the relationship and take it to another level.” 

Asseri said that while Saudi Arabia and Pakistan cooperated closely on security matters, bilateral trade between the countries remained limited to about $4 billion. 

“We need to ... encourage the private sectors to interact more. We can help Pakistan’s industry and we need to become more involved in the trade sector. There are advanced industries and firms in Pakistan, and they have raw materials — it’s a good environment for investors.”

Asseri said Saudi Arabia has deferred payments on oil worth billions of US dollars from time to time in order to ease pressure on the Pakistan economy. The Kingdom is also making billion-dollar direct investments in the country in line with the China-Pakistan economic corridor. 

“I am happy to see a major transformation underway in Saudi-Pakistani economic relationships with our leadership and government deciding to invest in the economic development of Pakistan,” he said. 

The former ambassador said frequent official visits between the two countries were important. 

“I came back recently from Pakistan, and the vibe of the media, government and people was so optimistic. Pakistanis were excited about the crown prince’s visit. People hope it will bring great opportunities for the economy as well as strengthening the political and social ties between the two countries,” he said.

Asseri said Saudi Arabia and Pakistan had faced many challenges together in recent decades.

In 2001, during Asseri’s first year as Saudi ambassador in Pakistan, the 9/11 attacks on New York led to greater cooperation between Islamabad and Riyadh in dealing with terrorism.

The Kingdom had been closely involved with Pakistan since its independence, he said. “King Abdul Aziz sent King Saud and Prince Faisal to Pakistan at that time. So if we go back through history, we can see that this relationship is truly unique.” 

Asseri also highlighted the ties between the two countries on humanitarian issues, security and military issues, saying: “Pakistan has suffered serious security and humanitarian consequences of the decades-long war in Afghanistan, besides housing millions of Afghan refugees.

“Together Saudi Arabia and Pakistan have worked for peace in Afghanistan and will do whatever it takes to achieve this long-desired goal.”

Asseri said Pakistanis were quick to show their appreciation for Saudi Arabia’s assistance in the past regardless of the change in Pakistani leadership over the years. 

“The relationship is unique because it is between people. Such a relationship (will) keep growing with every generation.

“When Pakistan was in a difficult position in 2005 after a devastating earthquake, Saudi Arabia went out of its way to provide the support it needed. Prince Ahmed bin Abdul Aziz and eight ministers visited Balochistan. Field hospitals were created with Saudi doctors treating people and performing surgery there.” 

Pakistan also has a deep loyalty to Saudi Arabia, Asseri said. “Pakistan has military expertise, and through cooperation between the two countries, it helped the Saudi military during its development.” 

“The Kingdom’s recent appointment of a Saudi commercial attache in Pakistan will also bolster the economic links between the two countries,” he said. 

“There are good minds in Pakistan and good products that could be manufactured in Saudi Arabia.”

Asseri said he is also optimistic that Saudi plans to build a major oil refinery in Gwadar will help create an “economic hub.” 

The former envoy said the Saudi crown prince’s visit to Pakistan will add to the relationship between the countries. 

Pakistan’s relatively young population is also hoping for a stronger relationship with the Kingdom. 

“Young Pakistanis who are advanced in the IT and industrial sectors are looking forward to helping and cooperating with Saudi Arabia, and sharing their experiences and knowledge,” he said.