The Intellectual Property Directorate is entrusted with the protection of commercial, industrial, technical, literary, and artistic property, in addition to implementation of the agreements related to them, its functions include follow-up of international developments in the field of intellectual property, study and evaluation of files, preparation of certificates, and issuance of decisions concerning patents, trademarks, industrial designs, and literary and artistic copyrights. Despite its relatively small size, the Intellectual Property Directorate plays a vital role in Lebanon's economy and the efficiency of this Directorate has important international implications. So far, Lebanon has joined numerous international agreements such as the PCT, Roma's Convention, Amendments to Paris and Bern Conventions and the Directorate is determined to amend the relevant laws to conform to international norms and principles so as to shift Lebanon from a mere observer to an active and affiliate member. An effective protection of intellectual property in Lebanon is destined to attract sustained foreign investment.