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WIPO is the global forum for intellectual property services, policy, information and cooperation. It is a self-funding agency of the United Nations, with 187 member states. WIPO’s mission is to lead the development of a balanced and effective international intellectual property (IP) system that enables innovation and creativity for the benefit of all. The mandate of the organization, governing bodies and procedures are set out in the WIPO Convention, which established WIPO in 1967.