ASEAN IP Offices deepen cooperation with Korean IP Office with Memorandum of Cooperation signing

ASEAN IP Offices and the Korean Intellectual Property Office (KIPO) inked a Memorandum of Cooperation (MoC) on 27 March 2018, signalling deeper cooperative efforts between Korea and ASEAN. The MoC covers various areas of cooperation such as IP training, commercialisation and information exchange.

Mr Daren Tang, Chief Executive of IPOS, together with the heads of ASEAN IP Offices signed the MoC with KIPO.  The MoC was represented by Commissioner Mr Sung Yunmo. The signing ceremony, held as part of the 55th Meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC), took place in Bandar Seri Begawan, Brunei Darussalam.

With total bilateral merchandise trade reaching USD 124.3 billion, and Foreign Direct Investment (FDI) inflows from the Republic of Korea (ROK) to ASEAN recorded at USD 5.7 billion, the ROK was ASEAN’s fifth largest trading partner and fifth largest source of FDI in 2016.

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Memorandum of Cooperation Signing Ceremony between ASEAN IP Offices & KIPO