Connect with us

Business and Economy

Deal to boost MSMEs enforcement of IP rights in e-commerce inked

Published

on

IPOPHL Director General Rowel Barba and Her Majesty’s Ambassador to the Philippines Daniel Pruce signed the memorandum of understanding (MOU) through an online ceremony held on August 6. (PNA Photo)

MANILA – The Intellectual Property Office of the Philippines (IPOPHL) has signed its first partnership agreement with the British embassy in Manila to strengthen enforcement of intellectual property (IP) rights in e-commerce and enhance the competitiveness and financial leverage of businesses, especially micro, small and medium enterprises (MSMEs), with IP.
IPOPHL Director General Rowel Barba and Her Majesty’s Ambassador to the Philippines Daniel Pruce signed the memorandum of understanding (MOU) through an online ceremony held on August 6.
“This MOU will complement our ongoing efforts in activating more policies within government and campaigns within the whole of society toward making e-commerce safer and more sustainable to business. This MoU can also bring positive outcomes in enabling businesses to extract the most from their IP assets, from using them to access financing and to build their competitiveness in various markets,” Barba said in a statement Tuesday.
The MOU specifically aims to design a comprehensive regulatory framework for a more sustainable e-commerce regime in the Philippines; strengthen IP enforcement at the border; and share best practices that will enable businesses, especially MSMEs, in both the consumer and creative industries, to capitalize their IP assets to gain access to financing and advance in the competition within their industries.
The MOU helps promote certain goals of the 2020-2025 IP Rights Action Plan of the Association of Southeast Asian Nations (Asean), such as developing a data collection methodology of IP enforcement cases.
This will be developed and pilot-tested in the Philippines for the eventual benefit of all Asean members in strengthening their respective enforcement regimes.
Another Asean goal it supports is the creation of a comprehensive manual on legal actions which businesses can take to enforce their IP rights in both physical and digital marketplaces.
The manual is seen to enhance local and foreign businesses’ access to justice as they are provided more understanding on the remedies available to them whenever their rights are infringed.
“This MOU signing marks the continued implementation of policy support and technical assistance of the United Kingdom (UK) to the Philippines through the UK Prosperity Fund Asean Economic Reform Programme,” Pruce said.
The UK Prosperity Fund is a 1.2-billion euro fund spread over seven years, to improve business environments of different countries, creating a secondary benefit where UK businesses can have opportunities resulting from their economic growth.
“With the signing of the MOU, we look forward to more cooperation in our exciting next stage of our partnership. Moreover, we look forward to closer collaboration between our nations and work together to shape the UK’s dynamic partnership with Asean and the Southeast Asia region,” Pruce added.
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

test tube bloods test tube bloods
Health4 hours ago

Infected blood scandal – what you need to know

The infected blood scandal has been hailed the worst treatment disaster in the history of the NHS. Over 3,000 people...

hands holding pregnancy test hands holding pregnancy test
Health4 hours ago

Britain’s abortion laws are still in the Victorian era, and women are the collateral damage

A vote on ending prosecutions for abortion appears to have been delayed again. MPs have been expecting to vote on...

sleeping woman and electric fan sleeping woman and electric fan
Environment & Nature4 hours ago

Extreme heatwaves in south and south-east Asia are a sign of things to come

Since April 2024, wide areas of south and south-east Asia, from Pakistan to the Philippines, have experienced prolonged extreme heat....

News4 hours ago

Beijing is walking a fine line between support for Russia and not angering the west too much

Russia’s Vladimir Putin and China’s Xi Jinping have announced they will work together more closely to offset US pressure as...

British Prime Minister Rishi Sunak British Prime Minister Rishi Sunak
News4 hours ago

UK ‘taking back control’ of its borders risks rolling back human rights protections

The High Court in Belfast has ruled that key elements of the UK’s Illegal Migration Act are incompatible with the...

bottles of milk bottles of milk
Environment & Nature5 hours ago

What is pasteurization? A dairy expert explains how it protects against foodborne illness, including avian flu

Recent reports that the H5N1 avian flu virus has been found in cow’s milk have raised questions about whether the...

Slovakian Prime Minister Robert Fico h Slovakian Prime Minister Robert Fico h
News5 hours ago

Attempted assassination of Slovak prime minister follows country’s slide into political polarization

The assassination attempt against Slovakian Prime Minister Robert Fico has been widely condemned by world leaders as an attack on...

Indian Prime Minister Narendra Modi Indian Prime Minister Narendra Modi
News5 hours ago

Modi’s anti-Muslim rhetoric taps into Hindu replacement fears that trace back to colonial India

The world’s largest election is currently under way in India, with more than 960 million people registered to vote over...

Taylor Swift performing Taylor Swift performing
Entertainment5 hours ago

Canadian Taylor Swift fans are flying to Europe for cheaper concert tickets

Resale seats to shows in Sweden spotted for less than $100 Nisha Patel (new window) · CBC News Taking a trip to Europe...

Business and Economy5 hours ago

Shoppers Drug Mart ’volunteer’ job posting was an error: Loblaw

Pharmacist behind LinkedIn posting says intentions were good Sarah MacMillan (new window) · CBC News A Shoppers Drug Mart pharmacy in downtown Toronto...

WordPress Ads