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Supachai Discusses IP with WIPO to Boost Business Funding Access

Supachai Discusses IP with WIPO to Boost Business Funding Access

Thansettakij•Economy•1d ago

Reader Briefing

Thailand and WIPO Collaborates to Leverage Intellectual Property for Economic Growth and Business Financing.

  • •Deputy Prime Minister and Minister of Commerce Supachai Suthammapana met with WIPO Director-General Daren Tang to discuss enhancing intellectual property cooperation.
  • •The discussion focused on enabling Thai entrepreneurs and businesses, particularly creative and innovative ones, to access funding through IP finance.
  • •Planned initiatives include IP valuation training and a 'Pilot Project IP Finance Thailand' to establish IP as a long-term financial tool.
  • •Discussions also covered integrating IP protection with grassroots economic development and community-based product enhancement.

Overview

  • •Narada Supachai Suthammapana, Deputy Prime Minister and Minister of Commerce, met with Daren Tang, Director-General of the World Intellectual Property Organization (WIPO).
  • •The meeting was held at WIPO headquarters in Geneva, Switzerland, in order to enhance IP cooperation between Thailand and WIPO.
  • •Narada Supachai Suthammapana emphasized Thailand's commitment to WIPO as the global IP leader, viewing knowledge sharing and international cooperation as vital for driving the economy and innovation.
  • •The Department of Intellectual Property is scheduled to organize Intellectual Property Valuation training between June 17-18, 2026, in order to build capacity.
  • •A 'Pilot Project IP Finance Thailand' is planned for October–November 2026, laying the groundwork for long-term IP financial tool integration.
  • •The discussions also covered linking IP protection with grassroots economic development and sustainability, aiming to create tangible and lasting growth for communities and producers.
  • •Thailand is preparing to accede to the Hague Agreement concerning the International Registration of Industrial Designs, pending amendments to the Patent Act.
  • •Thailand requested WIPO's support for on-the-job training with member states' IP offices and technical assistance for translating the Hague system manual into Thai.

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Key Quotes

Narada Supachai Suthammapana
"Thailand values cooperation with WIPO as the world's leading IP organization, recognizing knowledge sharing, experience exchange, and international cooperation as key drivers for IP to propel economy, innovation, and sustainable development."
ไทยให้ความสำคัญกับความร่วมมือกับ WIPO ในฐานะองค์กรหลักด้านทรัพย์สินทางปัญญาของโลก โดยเห็นว่าการแบ่งปันองค์ความรู้ การแลกเปลี่ยนประสบการณ์ และความร่วมมือระหว่างประเทศ เป็นปัจจัยสำคัญในการส่งเสริมให้ทรัพย์สินทางปัญญาเป็นกลไกขับเคลื่อนเศรษฐกิจ นวัตกรรม และการพัฒนาอย่างยั่งยืน
Department of Intellectual Property
"Intellectual Property Valuation training between June 17-18, 2026."
การประเมินมูลค่าทรัพย์สินทางปัญญา ระหว่างวันที่ 17-18 มิถุนายน 2026
Department of Intellectual Property
"Pilot Project IP Finance Thailand"

Key Entities

Person

Supachai Suthammapana(ศุภจี สุธรรมพันธุ์)
Deputy Prime Minister and Minister of Commerce of Thailand who met with WIPO.
Daren Tang(ดาเรน ทัง)ℹ️
Director-General of the World Intellectual Property Organization (WIPO).

Organization

World Intellectual Property Organization(WIPO)ℹ️
The global organization for intellectual property services, policy, information, and cooperation.
Department of Intellectual Property(กรมทรัพย์สินทางปัญญา)
The Thai government department responsible for intellectual property matters, involved in IP valuation training and pilot projects.

Law

Hague Agreement(ความตกลงกรุงเฮก)ℹ️
An international agreement concerning the international registration of industrial designs, which Thailand is preparing to join.