(Geneva): Cham Nimul, Minister of Commerce of Cambodia, held a bilateral meeting on Monday (Jul. 6) with Daren Tang, Director General of the World Intellectual Property Organisation (WIPO), to discuss strengthening cooperation to develop Cambodia's intellectual property (IP) ecosystem and promote innovation-driven economic development in Geneva, Switzerland.

To begin, the minister expressed her appreciation to WIPO for its continued partnership and technical assistance in supporting the development of Cambodia's intellectual property ecosystem.

The minister also highlighted significant progress achieved through WIPO's support in strengthening IP administration, advancing digital transformation, promoting innovation and entrepreneurship, and supporting small and medium-sized enterprises (SMEs) through intellectual property initiatives.

Both sides also discussed the successful implementation of the Appropriate Technology Project and the IP for Tourism Project in Cambodia. They further reaffirmed their shared commitment to strengthening regional and international cooperation and ensuring that intellectual property continues to catalyse innovation, competitiveness, and sustainable economic development in Cambodia.

On the occasion, the minister and the director general of WIPO signed a Memorandum of Understanding on the Establishment of an Intellectual Property Business Centre (IPBC) to Support the Private Sector in Enhancing Awareness of the Benefits of Intellectual Property.

Notably, Cambodia is the first Least Developed Country (LDC) to sign such a Memorandum of Understanding with WIPO.
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