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  • KITA-KIPO Signed MOU for Protection of Intellectual Property of Exporters
    2019-07-12 hit 329

    KITA-KIPO Signed MOU for Protection of Intellectual Property of Exporters

     

    - Agreed to cooperate in six areas such as supporting export companies to grow on intellectual property and helping exporters to take out patent insurance, etc. -


     

    The Korea International Trade Association (Chairman, Kim Young-joo) signed a Memorandum of Understanding (MOU) for ‘Protection and Competitiveness Reinforcement of Export Companies’ Intellectual Properties' with the Korean Intellectual Property Office at Trade Tower on Samseong-dong on July 11th.

      

    The signing ceremony was attended by some 20 officials, including Chairman Kim Young-joo of the Korea International Trade Association, Director Park Won-joo of the Korea Intellectual Property Office and the President Lee Hae-pyung of the Korea Intellectual Property Protection Agency.

     

    The two organizations agreed to cooperate in six areas, including supporting the intellectual property-based growth of export companies, supporting the protection of intellectual property of exporters through the cooperation of domestic and overseas branches, collecting and providing information on overseas intellectual property disputes and infringement, placing specialists for intellectual property consultation, providing intellectual property education for companies and supporting exporters’ membership of the Korea Technology Finance Corporation.

      

    Kim Young-joo, chairman of the Korea International Trade Association, said, "Amid Trade protectionism and sluggish global economy, the protection of intellectual property rights such as patent rights will become a breakthrough in exports of companies. He stressed, "We will strive to protect the intellectual property of export companies and enhance patent competitiveness by utilizing the strengths of the association's 70,000 member companies and overseas networks."

     

    Director Park Won-joo of the Korea Intellectual Property Office said, With the Korea's competitiveness as the world's fourth largest country of patent application, we will help Korean companies to preoccupy overseas markets through IP protection.He also added, The cooperation with the Korea International Trade Associations will be the fundamental for the export companies to become small but strong global enterprises based on their intellectual properties.

     

    The Korea International Trade Association and the Korean Intellectual Property Office held the 'Intellectual Property (IP) Trade Forum' following the signing of the business agreement. The forum discussed ways to establish joint strategies on major issues such as the impact of foreign patents on exports, preemptive and preventive protection of overseas intellectual property rights, and creation of favorable global IP rights environment for Korean companies.

     


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