Phnom Penh, January 23, 2025 – The Ministry of Industry, Science, Technology & Innovation (MISTI) and the Intellectual Property Office of Singapore (IPOS) signed the second renewal of their Memorandum of Understanding (MoU) on Industrial Property Cooperation. The virtual signing ceremony reaffirmed the commitment of both countries to strengthen intellectual property (IP) in industrial sector.
This renewal extends the original MoU signed in 2015 for a period of five years for the second time. The agreement emphasizes enhancing economic exchange and supporting Cambodia’s innovation ecosystem through capacity building, IP protection, and alignment with international frameworks.
Minister HEM Vanndy emphasized the importance of this collaboration by stating, “By formalizing collaboration in areas such as patent, industrial design, training and sharing of best practices, we have enhanced the IP systems and fostered the protection of industrial property in both countries. MISTI-IPOS cooperation not only facilitates mutual recognition of IP rights but also underscores a shared commitment to economic development in the context of an evolving technological landscape.”