Minister of Commerce Margaret Mwanakatwe says intellectual property has the potential to stimulate economic growth.
Mrs. Mwanakatwe said intellectual property has been stimulated through innovations.
Mrs. Mwanakatwe said intellectual property has evolved into a strategic policy instrument for stimulating economic growth.
The Minister was speaking in Lusaka today when she opened the 39th session of the African regional Intellectual Property Organization, (ARIPO) Administrative Council.
The five day meeting has attracted 19 countries including the host, Zambia and it is being organized by Patents and Companies Registration Agency (PACRA) – Zambia.
She advised people in Africa to nurture innovations to realise this growth.
She said technology was offering all domains in people’s lives and commended ARIPO organisers for emphasising and raising capacity in member states.
And speaking earlier, PACRA Chief Executive Officer Anthony Bwembya called for compliance and international best practices in tackling changes to national and global trends on intellectual property.
Mr. Bwembya disclosed that his institution was reviewing intellectual property laws and that PACRA has made significant strides to automate legal procedures using information technology.
The high level meeting is being attended by ARIPO Director General Emmanuel Dos-Santos, Senior PARCA officials and visiting government officials.