Thursday, March 29, 2018

Anti counterfeiting - industry activity in Cambodia

Image result for cambodia
Cambodia’s Intellectual Property Rights forum 2018, a conference on IP protection took place last month. Driven by European companies facing fake and parallel imports the aim was to discuss product issues relating to public health/safety and foreign investment.  Industries identified as affected include pharmaceutical, automotive and food and beverages. A large household goods company said that illegal products hurt their bottom line by 15-20% per year. A beverages company expressed concerns about smuggled or parallel products imported from Thailand. A pharma company said that parallel imports were the major threat. Lost taxes were repeatedly cited. Cambodia has a well-documented smuggling problem which contributes to the market distortions in the region. As a result counterfeiting can become a little lost in the issue of parallel imports.

Mr Op Rady, director of the IP Office in the Ministry of Commerce, explained some of the challenges: low IP awareness; limited resources and low official budgets. The Counter Counterfeit Committee of Cambodia advocated for better cooperation, information sharing and product/brand training. They provided examples of pharma and cosmetics actions they took in the last year.

Cambodia is turning its attention to the issue of fake goods. The country’s parallel goods and other problems are also significant.

1 comment:

  1. Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

    ReplyDelete