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Asean agrees to greater focus on realising 2015 IP Action Plan
ASEAN representatives hold hands during the 46th ASEAN Foreign Ministers Meeting in Bandar Seri Begawan. u00e2u20acu201c Reuters pic

SINGAPORE, Nov 22 — The 42nd Asean Working Group on Intellectual Property Cooperation (AWGIPC) ended its five-day meeting in Langkawi, Malaysia, today with Asean member countries agreeing to place greater focus towards realising the 2015 Intellectual Property Action Plan.

AWGIPC is the domain expert group to drive the development of a business-friendly intellectual property (IP) eco-system under the vision of the Asean Economic Community (AEC) 2015.

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In a statement, the Intellectual Property Office of Singapore (IPOS) said the meeting noted good progress in several initiatives namely, the Asean Patent Examination Co-operation programme that would reduce companies’ wait-time for patents registration within Asean countries.

“While Action Plan 2015 is beginning to show results, the AWGIPC has also begun work to chart the development of the next five-year plan,” it said, adding that the working group would step-up engagement with businesses, innovators, creators and practitioners within Asean to help spur greater innovation in the region. — Bernama

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