8th December 2023 – (Hong Kong) The Intellectual Property Department (IPD) of Hong Kong and the Intellectual Property Office of the Philippines (IPOPHL) have signed a Memorandum of Understanding (MOU) to enhance cooperation in the field of intellectual property (IP). The signing of the MOU took place during the Business of Intellectual Property Asia (BIP Asia) Forum held in Hong Kong, and it aims to establish a framework for collaboration between the two jurisdictions in various aspects of IP.
The MOU was signed by Mr. David Wong, the Director of Intellectual Property in Hong Kong, and Mr. Rowel Barba, the Director General of IPOPHL. It seeks to promote cooperation in areas such as IP awareness, creation, protection, utilisation, management, trading, and commercialisation. Both Hong Kong and the Philippines recognise the significance of IP rights in driving economic growth, and this MOU marks an important milestone in strengthening IP protection and commercialisation in the region.
The agreement outlines several key areas of cooperation. Hong Kong and the Philippines will exchange information and share experiences, foster high-level dialogues on policy developments, enhance IP training programs, and promote cooperation among IP practitioners, industries, institutions, and organizations in both jurisdictions. The aim is to create a conducive environment for the effective utilization and protection of IP assets, as well as to facilitate IP trading and commercialization.
Mr. Wong emphasised the support provided by the National 14th Five-Year Plan in Hong Kong’s development as a regional IP trading centre. He stated, “Both Hong Kong and the Philippines recognise the value of IP rights in driving economic growth. The MOU marks an important milestone in the cooperation between the IP offices of the two economies in promoting IP protection and commercialisation in the region.” He also expressed the IPD’s commitment to engaging with IP offices and authorities outside Hong Kong to highlight the positive aspects of IP in the city.
The Consul-General of the Philippines in Hong Kong, Mr. Raly Tejada, also attended the signing ceremony, underscoring the significance of the collaboration between the two jurisdictions.
The BIP Asia Forum, organised by the Hong Kong government and the Hong Kong Trade Development Council, is an annual flagship event in the region focused on IP. The 13th edition of the forum, held at the Hong Kong Convention and Exhibition Centre in Wan Chai, featured over 90 renowned speakers from various IP-related organisations. Senior officials from the China National Intellectual Property Administration, the World Intellectual Property Organisation, and IP offices of member states of the Association of Southeast Asian Nations were among the distinguished participants.