Brazil Advances Intellectual Property Protection to Boost Innovation and Trade

Brazil is determined to strengthen its intellectual property system as a strategic pillar for innovation and economic growth, according to Minister of Development, Industry, Commerce, and Services Márcio Elias Rosa. Speaking at the "Intellectual Property: New Directions for the Next Decade" event organized by Amcham in Brasília, Minister Rosa emphasized the government’s commitment to reduce patent approval times and improve legislation while ensuring no regression in protections. Brazil holds a significant position globally, ranking 11th in patent applications and 12th in cultivars, with expectations to escalate due to increased focus on innovation and foreign investment.

The government is also addressing piracy and pursuing regulatory convergence internationally to offer legal security in intellectual property matters. Amid geopolitical tensions, Minister Rosa highlighted the necessity for Brazil and Mercosur to diversify trade partners and strengthen trade agreements, where intellectual property remains central. Tatiana Prazeres, Secretary of Foreign Trade at MDIC, noted that Brazil’s trade agreements have expanded substantially in three years, growing from supporting 12% to 31% of trade, which enhances Brazil’s global presence and adds value to exports.

These initiatives align with Brazil’s strategic goals to foster technology integration in national production and attract foreign investments, placing intellectual property at the heart of economic development and international trade diversification.