Cambodia recognizes Japanese patents

Picture Credit-indochinatravelpackages.com

The Cambodian Ministry of Industry and Handicrafts as well the Japan Intellectual Property Association (JPAA) are finalizing the details of a memorandum of understanding for the recognition of Japanese patents in Cambodia. Japan is the 3^rd largest investor in Cambodia and has been its biggest donor for many years.

The agreement is beneficial for the following reasons;

·        It will provide guidance in commercial arbitration cases in which Japanese intellectual property is involved.

·        It will enable the ministry and Cambodian law practitioners to benefit from JPAA’s knowledge and experience in the field of intellectual property law.

·        The cooperation will allow Cambodia to gain experience, raise skill level and attract more Japanese investors to Cambodia.

·        Under the collaboration, Japan will share with Cambodia innovations in the field of intellectual property.