On the morning of 27 November 2014 H.E. OUK Prachea, Secretary of State of Ministry of Commerce signed a Memorandum of Cooperation on Intellectual Property with Mr. Hitoshi ITO, Commissioner, Japan Patent Office in Tokyo, Japan
The objective of the Memorandum is to attract more Japanese investors to invest in Cambodia, with a focus on the importance of intellectual property, which encourages investment and fosters an entrepreneurial spirit. H.E. OUK also met with Mr. Hitoshi ITO, Commissioner, Mr. Yoshitake KIHARA, Deputy Commissioner, and Mr. Takeo DONOUE, Director General of Japan Patent Office (JPO). The meeting discussed the assistance of JPO to Cambodia on capacity building, improvement of the workflow and process of registration of Trademark, Patent, and Industrial Design, improvement of IT systems, and automation in relation to online filling and registration of Trademark with cooperation from the World Intellectual Property Organization.
On the afternoon of 27 November 2014 H.E. OUK Prachea met with Mr. Motoya OKADA, Group Chief Executive Officer (CEO) of AEON CO., LTD at the headquarters of AEON Company in Tokyo. Mr. OKADA affirmed that AEON will construct more malls in Phnom Penh and bring more Japanese investors to invest in Cambodia. He also expressed an interested in bringing more Cambodian products to be exported to Japan to supply 17,077 retail locations. He also agreed to contribute more social service activities to Cambodia such as supportingthe Sihanouk-Aeon Angkor Sites Museum, constructing377 schools as well as planting trees.
On 28 November 2014 H.E. OUK Prachea elaborated on Intellectual Property Development in Cambodia, MoC’s reform initiatives, and the RGC’s investment policies and incentives. 100 senior government officials from the Ministry of Economy, Trade and Industry, JICA, top Japanese companies such as Panasonic, Mitsubishi, the Intellectual Property Association (JIPA), the Japan Patent Attorneys Association (JPAA) and the Japan Institute for Promotion Invention and Innovation (JIPII)), as well as many attorneys were in attendance.