Thailand, South Korea to Enhance IP Cooperation with New MOU

Thailand's Ministry of Commerce is preparing to sign a new Memorandum of Understanding (MOU) to further strengthen cooperation in the field of intellectual property with South Korea. This initiative aims to enhance the protection and effective utilization of intellectual property rights between the two countries. The signing of this MOU is seen as an effort by Thailand to recognize the importance of intellectual property protection in the international community and to boost the competitiveness of its domestic industries by deepening collaboration with South Korea, a nation known for its advanced technology and creativity. Specifically, this cooperation is expected to build a framework for tackling counterfeit goods, preventing unfair competition, and protecting the rights of new technologies and content. This would create an environment where Thai creators and businesses can operate with confidence, potentially attracting more international investment. Source: MGR Online (Business)