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7 September 2016
A delegation from the Kingdom of Cambodia visited the EPO in Munich today to discuss developments in the European and Cambodian patent systems. EPO President Benoît Battistelli hosted the delegation, which was led by Senior Minister Cham Prasidh, Minister of Industry and Handicraft, and also included Cambodia's Ambassador to Germany, Thai Chun.
"We are very pleased to develop closer ties with Cambodia, which is one of the fastest-growing economies in the Southeast Asian region," said Mr Battistelli. "Businesses from Europe and Asia stand to benefit from co-operation between IP offices in our regions, which could have a positive impact on the environment for innovation and increase market access."
At 7%, Cambodia's GDP growth rate is the second highest in the ASEAN region. The country is currently modernising its intellectual property system in order to boost the economy and attract foreign direct investment. During his visit to the EPO, Senior Minister Cham Prasidh expressed the interest of the Cambodian government in the validation of European patents in Cambodia.
The Senior Minister sees the validation system of European patents as a means to increase the attractiveness of the national economy beyond the ASEAN region and Asia.
The EPO President underlined the potential benefit for patent applicants of a possible validation agreement with Cambodia, which would further extend the geographical coverage of the European patent, and pointed to the experience of the EPO's two current validation states, Morocco and the Republic of Moldova. He added that the high legal certainty of European patents would encourage foreign investors to consider Cambodia as a privileged destination in a fast-growing region.
The EPO is co-operating with Cambodia and other ASEAN member states through various bilateral and regional frameworks, aimed primarily at facilitating the patent filing procedure in these countries and raising the quality of granted patents.