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WIPO Issues Reassurance in view of Global Covid-19 Crisis

On April 7th, 2020, the World Intellectual Property Office (WIPO) issued a statement reassuring its stakeholders that it is well positioned to endure the great uncertainty caused by the ongoing Covid-19 crisis. According to Director General Francis Gurry:

“WIPO’s stable and healthy financial situation results from high demand for the Organization’s services coupled with a disciplined approach to expenditure. These factors have enabled the Organization to be in a strong position to face the uncertainties and probable downturn that are being provoked by the Covid-19 crisis.”

The WIPO’s full press release can be found here.

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