First, Economy and Innovation Minister Delina Ibrahimaj presented a draft law in Parliament. The draft ratifies Decision No. 5/2024 on intellectual property rights.

Next, Ibrahimaj said the treaty strengthens intellectual property protection. She said it promotes innovation, scientific research, and R&D. She noted that WIPO adopted the treaty in 2024 after 20 years of negotiations.

Moreover, she explained that the treaty links intellectual property with genetic resources and traditional knowledge. It prevents the registration of patents and trademarks without declaring origin.
As a result, it ensures fair recognition and protection.

Furthermore, Ibrahimaj said Albania has rich biodiversity and strong traditional knowledge. She highlighted agriculture, folk medicine, and traditional products.
Therefore, proper protection can turn these assets into sustainable economic growth.

Meanwhile, she stressed the key role of the General Directorate of Industrial Property. The institution registers trademarks, patents, and geographical indications.
It also represents Albania at WIPO.

In addition, the minister said Albania has registered 7,528 patents. Most of them are European patents. Each year, Albania files about 10 to 12 new patent applications.

Similarly, she said Albania has over 63,000 active trademarks. Every year, businesses submit around 4,500 to 4,600 new applications.

At the same time, Albania has 29 registered geographical indications. Currently, Valmi olive oil and Reçi chestnut are under registration.
These labels increase competitiveness in international markets.

Finally, Ibrahimaj said accession to the treaty aligns with EU standards. She said it supports Albania’s EU integration process. She called it a concrete step toward a knowledge-based economy.

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