14 March, 2020
On 27 November 2019, a Memorandum of Cooperation ("MOC") to bridge the innovation ecosystems of Laos and Singapore was signed by Dr Khanlasy Keobounphanh, Director General of the Department of IP ("DIP"), Ministry of Science and Technology of Laos, and Mr Daren Tang, Chief Executive of the Intellectual Property Office of Singapore ("IPOS").
This cooperation will see IPOS sharing its deep technical IP knowledge and services to support Laos in building its innovation ecosystem and contributing to economic integration in ASEAN through IP and intangible assets. Under the MOC, the DIP will tap on IPOS’ patent search and examination expertise and services to grant quality patents in Laos, and will allow Singapore granted patents to be re- registered in Laos, accelerating enterprise access into both markets.
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With IP being a key enabler in transforming ASEAN into a highly innovative and economically competitive region, owners of granted Singapore patents looking to pursue patent protection in Laos will soon be able to register their patents with the DIP.
For further information, please contact:
Andy Leck, Principal, Baker & McKenzie.Wong & Leow
andy.leck@bakermckenzie.com