Intellectual property rights owners are increasingly feeling the pressure from the counterfeit goods that are invading the global market. Societies worldwide also suffer, as countless people are either slaves to these criminal black marketers or victims of their faulty products. The second part of this two-part feature takes a look at some of the economic and social problems posed by counterfeiting and other IP rights violations.
December 18, 2019
Under Cambodia’s new Patent Recognition Program (PRP), the Ministry of Industry and Handicraft (MIH) will recognize the examination results of a corresponding patent granted by the Korean Intellectual Property Office (KIPO), and grant the patent accordingly. This program was established by the Prakas on Accelerated Patent Decisions under the Patent Recognition Program related to Patent Applications with the Korean Intellectual Property Office, which became effective on November 1, 2019.In order to participate in the PRP, the following requirements must be met: