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Laos to receive Asean funding for intellectual property protections

Laos will benefit from the Asean Intellectual Property Rights fund, which is supported by the European Union, following a substantial increase in funding.

The conference press to announce the funding yesterday was attended by Director General of the Department of Intellectual Property under the Lao Ministry of Science and Technology, Dr Khanlasy Keobounphanh

The European Union Intellectual Property Office last week confirmed that it will increase the size of the Fund from 3.8 million to 5.5 million euros.

Any of the 10 Asean member countries can submit proposals to request funding to support their research activities in the Union's intellectual property protection sector.

Laos and other Asean member countries can submit proposals for intellectual property rights projects to request support from the fund, to be provided to the applicant country's Ministry of Science and Technology, officials reported.

Increasing numbers of applicants from Asean have been registering each year, although only a small number have come from Laos.

Head of Cooperation at the EU Delegation to Thailand, Mr Jerom Pons told the press conference in Vientiane that the new project on the intellectual property rights will run from 2017 to 2021 focusing on the protection and enforcement of intellectual property rights in Laos and all Asean countries.

Mr Pons said the success of the EU project so far has come as a result of The openness of Asean authorities to further develop the intellectual property system in the region and to promotion regional collaboration and integration.

He predicted that the excellent collaboration between both regions will continue in the years to come with the new 5.5 million euro programme which will start in 2017.

The project will support capacity building activities, the enhancement of legal and policy frameworks, better use of the intellectual property system by businesses, and intensified collaboration among Asean member states.

The chair of the Asean working group on intellectual property cooperation, Ms Sharinah Yusof Khan said the EU will extend its continued support to Asean integration efforts through intellectual property rights cooperation with the intellectual property rights offices of Asean countries.

According to the Asean fund, the project was designed in 2013 to support Asean regional integration and further upgrade and harmonise the systems for intellectual property creation, protection , administration and enforcement in the Asean region.

The support is in line with international standards and with the Asean Intellectual Property Rights Action Plan.

By Phetphoxay Sengpaseuth
(Latest Update
February 21,
2017)


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