The Department of Intellectual Property Rights has continued its aim of expanding on Cambodia's IP capabilities with the signing of a memorandum of understanding (MoU) with the United States Patent and Trademark Office. Although full details of the MoU have yet to be released, it is possible that the agreement may utilise a combination of legal principles – namely, validation, re-registration and accelerated patent decisions.
In July 2020 Cambodia brought its ever-developing IP protection regime further into line with international standards, with the ratification of the Berne Convention for the Protection of Literary and Artistic Works. With consistent annual gross domestic product growth of more than 8% for the past two decades, Cambodia is one of the fastest-growing economies in the world. This timely ratification of the convention can only increase confidence between Cambodia and the international trading community.