The Ministry of Industry and Handicrafts has signed an agreement with the Intellectual Property Office of Singapore (IPOS) to have it assist the ministry with the issuance of patents for intellectual property.
The agreement was signed on June 20 and the ministry said in a statement that the cooperation between the two agencies would streamline the application process.
Cambodia became the 151st member to sign the international Patent Cooperation Treaty (PCT) in December.
“After bilateral talks and the correction on some meanings…the two sides reached an agreement,” the ministry’s statement said. “Cambodia has designated the IPOS to assist the ministry’s International Research and Inspection Authority after Cambodia’s entry into the PCT. The ministry will work closely with IPOS on the research and supervision of patent applications, and IPOS agrees to provide training to ministry officials to implement the PCT system.”
For in depth analysis of Cambodian Business, visit Capital Cambodia