Thailand holds seminar on Development of Intellectual Property

BANGKOK, March 16 (TNA) -- Thailand’s Ministry of Commerce organizes a seminar on ASEAN and the Development of Intellectual Property. The seminar is held on the occasion of the 50th anniversary of the Association of Southeast Asian Nations (ASEAN), aimed at enhancing intellectual property rights protections and ASEAN’s Intellectual Property Rights (IPR) Action Plan 2016-2025. Speakers and authorities on intellectual property (IP) discussed and exchanged views on matters of mutual interest. Participants are learning about collective steps to carry forward the key initiatives to make ASEAN more competitive and propel innovative in the field of IP. Speaking at the opening ceremony, Thai Deputy Commerce Minister Sontirat Sontijirawong said Thailand needed to pay more attention on ASEAN market and its private businesses must make adjustments for changing environment. ASEAN has agreed on Framework Agreement on Intellectual Property Cooperation, an attempt to make intellectual property a vehicle of deeper economic integration in ASEAN. The new ASEAN IPR Action Plan 2016-2025, which has underlined 19 initiatives to be implemented within the next 10 years. (TNA)