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"Supachai" Discusses IP Finance and GI with WIPO Director General

"Supachai" Discusses IP Finance and GI with WIPO Director General

MGR Online•Economy•1d ago

Reader Briefing

Thai Deputy Prime Minister collaborates with WIPO to boost IP finance and Geographical Indication (GI) products.

  • •Thai Deputy Prime Minister Supachai Suthumphan met with WIPO Director General Daren Tang in Geneva.
  • •The meeting focused on strengthening intellectual property cooperation and promoting IP Finance.
  • •Discussions also covered leveraging GI products for economic and community development.
  • •Thailand plans a 'Pilot Project IP Finance Thailand' and is preparing to join the Hague Agreement.

Overview

  • •Deputy Prime Minister Supachai Suthumphan led a Thai delegation to meet WIPO Director General Daren Tang at WIPO headquarters in Geneva.
  • •Deputy Prime Minister Supachai Suthumphan expressed satisfaction with Mr. Daren Tang's selection for a second term as WIPO Director General.
  • •Deputy Prime Minister Supachai Suthumphan emphasized Thailand's commitment to cooperating with WIPO as the global IP organization.
  • •Thailand highlighted its policy of establishing an ecosystem that promotes the use of intellectual property as financial assets (IP Finance) to increase access to funding for entrepreneurs.
  • •The Ministry of Commerce, through the Department of Intellectual Property, is scheduled to organize an intellectual property valuation training from June 17-18, 2026.
  • •A 'Pilot Project IP Finance Thailand' is planned for October-November 2026 to lay the groundwork for long-term national IP financial tools.
  • •WIPO Director General Daren Tang praised Thailand's operational approach and expressed readiness to fully support academic and technical cooperation for the pilot project.
  • •Both parties discussed using intellectual property to add value to products, culture, and community economies, particularly through Geographic Indications (GI).
  • •Discussions also addressed Thailand's preparations to become a party to the Hague Agreement on the international registration of industrial designs, with current revisions to the Patent Act underway.
  • •Thailand requested WIPO's support for on-the-job training with IP offices of member states like South Korea and Vietnam, and for the technical support to translate the Hague system manual into Thai.

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Key Quotes

Supachai Suthumphan
"Thailand values cooperation with WIPO as the world's leading intellectual property organization, recognizing knowledge sharing, experience exchange, and international cooperation as key drivers for IP to fuel the economy, innovation, and sustainable development."
ไทยให้ความสำคัญกับความร่วมมือกับ WIPO ในฐานะองค์กรหลักด้านทรัพย์สินทางปัญญาของโลก โดยเห็นว่าการแบ่งปันองค์ความรู้ การแลกเปลี่ยนประสบการณ์ และความร่วมมือระหว่างประเทศ เป็นปัจจัยสำคัญในการส่งเสริมให้ทรัพย์สินทางปัญญาเป็นกลไกขับเคลื่อนเศรษฐกิจ นวัตกรรม และการพัฒนาอย่างยั่งยืน
Mr. Daren Tang
"With integrated cooperation from relevant agencies, especially finance, Thailand's system has the potential to become a model for IP Finance application in the region."
หากได้รับการบูรณาการความร่วมมือจากหน่วยงานที่เกี่ยวข้อง โดยเฉพาะด้านการเงิน ระบบของไทยมีศักยภาพที่จะพัฒนาเป็นต้นแบบการประยุกต์ใช้ IP Finance ในระดับภูมิภาคได้ในอนาคต

Key Entities

Person

Supachai Suthumphan(ศุภจี สุธรรมพันธุ์)ℹ️
Deputy Prime Minister and Minister of Commerce of Thailand who led the delegation to WIPO.
Daren Tang(ดาเรน ทัง)ℹ️
Director General of the World Intellectual Property Organization (WIPO).

Organization

World Intellectual Property Organization (WIPO)(องค์การทรัพย์สินทางปัญญาโลก (WIPO))ℹ️
The United Nations agency dedicated to developing a balanced and effective international intellectual property system.
Department of Intellectual Property(กรมทรัพย์สินทางปัญญา)
The Thai government department responsible for intellectual property matters, and a participant in the meeting.

Place

Geneva(นครเจนีวา)ℹ️
The city in Switzerland where the WIPO headquarters is located and where the meeting took place.
Swiss Confederation(สมาพันธรัฐสวิส)ℹ️
The country where Geneva is located, and where the WIPO headquarters is situated.

Policy

IP Finance
A concept promoted to enable businesses and creative industries to access funding through intellectual property assets.
GI Products(สินค้า GI)
Geographical Indication products, which are products that identify a specific geographical origin and possess qualities or repute that are due to that origin.

Law

Hague Agreement(ความตกลงกรุงเฮก)ℹ️
The Hague Agreement Concerning the International Registration of Industrial Designs, which Thailand is preparing to accede to.
Patent Act(พ.ร.บ.สิทธิบัตร)
The Thai legislation currently being amended to support Thailand's accession to the Hague Agreement.