A Memorandum of Cooperation has been signed between the National Intellectual Property Centre of Georgia (Sakpatenti) and the Georgian Competition and Consumer Agency (GCCA). The agreement was formalized by Sakpatenti Chairman Soso Giorgadze and GCCA Chairman Irakli Lekvinadze.

The Memorandum aims to strengthen collaboration between the two institutions in implementing policies related to competition, anti-dumping, consumer protection, and intellectual property right.

To ensure awareness, the parties agreed to share experiences on current trends and best practices. They will organize meetings and consultations involving experts from both sides to address specific, mutually significant issues. During the meeting, it was noted that Sakpatenti and the Georgian Competition and Consumer Agency (GCCA) will engage in various collaborative activities in the future. These will include joint campaigns and events aimed at raising public awareness of intellectual property protection. Additionally, emphasis will be placed on promoting understanding of competition, anti-dumping, and consumer rights protection within the business sector.

The Memorandum of Cooperation was signed during the International Conference on Competition and Consumer Protection, held in Tbilisi for the third time. The event aimed to strengthen competition policy in Georgia and enhance mechanisms for protecting consumer rights.  Discussions at the conference focused on consumer rights protection mechanisms, competition policy, and the activities undertaken by regulatory bodies. The three-day event was organized by the Competition and Consumer Agency, the National Bank of Georgia, the National Energy and Water Supply Regulatory Commission of Georgia, the Communications Commission and the State Insurance Supervision Service of Georgia. The conference concluded with the signing of a Memorandum of Understanding between the GCCA and the National Intellectual Property Center of Georgia (Sakpatenti), marking a significant step toward fostering collaboration in these critical areas.