Thursday, August 24 2023   \  Published by Asia IP Law.

Cambodia finalizes key draft IP policy

Cambodia finalizes key draft IP policy

This year saw the National Committee for Intellectual Property Rights (NCIPR) finalize a key draft IP policy 2023-28 for submission to the Council of Ministers, according to minister and NCIPR chairman Pan Sorasak.

He recently presided over a meeting that reviewed the committee’s accomplishments in 2022 and laid out a plan for the following year. He said the proposal was designed to turn Cambodia’s IP system into a driver of diverse growth.

“Our aim is to promote the economic, commercial, industrial, cultural, tourist and agricultural sectors,” said Sorasak. He explained that the policy entailed increasing Cambodian IP protection and enhancing the prestige of the country’s businesses and goods, and encouraging innovation.

In addition, the initiative intended to stimulate the use of IP for research progress and technical product creation and revitalize the creative industries. This will support the digital economy and society and promote Industry 4.0 to assist Cambodia realize its vision for the year 2050. Read more

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