As intangible assets become the new currency of the global economy, South Korea and the Association of Southeast Asian Nations (ASEAN) are strategically strengthening their economic ties through an enhanced intellectual property (IP) framework.

The deepened cooperation aims not only to protect trademarks but also to build a resilient innovation ecosystem capable of navigating disruptive technologies and fostering cross-border growth.

This agenda was further solidified at the 8th Korea–ASEAN Heads of IP Offices Meeting held recently in Seoul, where delegates outlined a roadmap for future development.

Since establishing a formal partnership in 2018, the collaboration has evolved from foundational agreements into practical, forward-looking initiatives. The latest efforts center on the digital economy, with commitments to develop AI-based IP management systems and to advance IP-backed financing—an emerging mechanism that enables start-ups and SMEs to secure funding using intellectual property as collateral.

The partnership also aims to address the pressing shortage of local IP professionals by rolling out tailored training programs across the 10 ASEAN member states, with Timor-Leste participating as an observer.

For South Korea, the initiative carries strategic importance. Wan-ki Kim, Commissioner of the Korean Intellectual Property Office, noted:
“As a region within the Global South that holds significant growth potential, ASEAN has become increasingly important in Korea’s export market diversification.”
By cultivating a predictable and robust IP environment, the Korean government seeks to reduce market entry risks for its enterprises and ensure strong protection for their innovative technologies as they expand into one of the world’s most dynamic economic blocs.

Source:www.asiaiplaw.com