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49

INVESTMENT POTENTIAL

• The variety must be novel (new) and thus

have not been sold or disposed of without

the consent of the breeder.

• The variety must be distinct, meaning that

it is clearly distinguishable from any other

variety whose existence is a matter of

common knowledge at the time of the filing

of the application.

• The variety must be uniform in its relevant

characteristics.

• The variety must be stable, meaning that

the relevant characteristics must remain

unchanged after repeated propagation.

All plant genera and species are protectable

under the Plant Varieties Protection Order,

2015. As protection is territorial, a plant variety

registered with BruIPO is only protected in

Brunei. Therefore, applicants will need to file

directly at the foreign Intellectual Property

Office of the jurisdiction where they intend to

protect their plant variety.

Memorandum of Cooperation

between ASEAN and Korean

Intellectual Property Office

On March 27, 2018, the heads of ASEAN

intellectual property offices – including from

Brunei – and the Korean Intellectual Property

Office (KIPO) signed a Memorandum of

Cooperation (MoC).

The agreement was for the establishment of an

institutional framework for structured coopera-

tion towards promoting the development of IP

systems of the parties as well as strengthening

bilateral exchange and cooperation in the field

of intellectual property.

The MoC was the result of discussions between

the KIPO and the ASEAN Working Group on

Intellectual Property Cooperation (AWGIPC) on

ASEAN IP Rights Action Plan 2016-2025.

It is designed to meet the goals of the ASEAN

Economic Community (AEC) by transforming

ASEAN into an innovative and competitive

region through the use of intellectual property

and ensuring that the region remains an active

player in the international IP community.

The ARISE+IPR project was launched on

March 30, 2017 as its 1

st

Sub-Project Steering

Committee Meeting held at the Design and

Technology Building in Anggerek Desa.

The project sees the European Union (EU)

partnering with ASEAN member countries to

further regional integration through enhanced

management, protection and enforcement

of Intellectual Property Rights (IPR), a press

release from the EU Intellectual Property Office

(EUIPO) explained.

Funded by the EU, the EUR5.5 million ARISE+IPR

programme is being implemented by EUIPO, an

EU agency based in Alicante, Spain.

Through close cooperation with ASEANmember

countries and the private sector in the next five

years, the project aims to create a robust IPR

Jerome Pons, Head of Operations Section and Co-Chair of the Arise + IPR Project Steering Committee

and EU delegation to Thailand, delivers his remarks during the launch