Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, November 11
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Indonesia Seeks China’s Support for Global Royalty System Proposal
    Property

    Indonesia Seeks China’s Support for Global Royalty System Proposal

    October 26, 20252 Mins Read


    Jakarta. Indonesia is reaching out to China to rally broader international support for its initiative to establish a fair global copyright royalty system, ahead of formal discussions at the World Intellectual Property Organization (WIPO) in Geneva this December.

    Justice Minister Supratman Andi Agtas met with Chinese officials during the China–ASEAN Heads of Intellectual Property Offices Meeting in Xi’an on Sunday, where he urged Beijing to endorse Jakarta’s proposal for a Legally Binding Instrument on the Governance of Copyright Royalty in the Digital Environment.

    “We highly value and appreciate the support of the People’s Republic of China as a WIPO member in advancing this collective effort. This initiative is crucial to ensuring fair, transparent, and sustainable copyright royalty governance in the digital era,” Supratman said in a statement on Monday.

    He stressed that intellectual property (IP) development is a key pillar of Indonesia’s national growth agenda, adding that the government is modernizing domestic IP frameworks — including policies allowing IP certificates to be used as collateral for bank loans to support MSMEs and local entrepreneurs.

    According to Supratman, China National Intellectual Property Administration (CNIPA) Commissioner Shen Changyu expressed support for Indonesia’s proposal, while noting that China would need more time to study it in detail.

    On Monday, Supratman and Chinese officials also signed a Memorandum of Understanding (MoU) on bilateral IP cooperation, replacing a previous agreement that expired on June 18, 2024.

    The new MoU focuses on strengthening IP systems in both countries, covering patents, industrial designs, trademarks, and geographical indications. It also includes provisions for strategic dialogue, exchange of best practices in IP examination, and joint human resource development programs.

    In addition, both sides signed a separate MoU on the Patent Prosecution Highway (PPH) to expedite patent examinations through the exchange of examination results and mutual recognition of substantive decisions between the two countries.

    Tags:

    Keywords:



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMassive Upside for Bitcoin? Author Adam Livingston on ‘Mother-of-All Liquidity Pivots’
    Next Article Bitcoin Reclaims $115,000 as US–China Trade Hopes Lift Markets

    Related Posts

    Property

    The price of a home in every UK region and where you can buy for just £184,318

    November 11, 2026
    Property

    Why pensions have flocked to property to meet private market goals

    November 10, 2026
    Property

    GMP Property SOCIMI (BME:YGMP) Stock Could Be Cheap On Cash Flow

    November 8, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Finance

    BFM Bourse : 15h/16h – 25/02

    February 25, 2025
    Finance

    Lok Sabha Passes Finance Bill 2026–27; Here Are The Key Takeaways | Economy News

    March 25, 2026
    Investing

    Retire Early With Crypto: Millionaire’s Investment Plan Revealed

    July 14, 2024
    What's Hot

    Bitcoin se stabilise à 104 000 $ à milieu de gamme en tant qu’Eyes Market Next Breakout

    June 8, 2025

    LSEG stock rises following Bank of America partnership deal By Investing.com

    February 17, 2026

    Bitcoin (BTC) Miners’ Share of Global Hashrate Hit New High of 26% in August, JPMorgan Says

    August 16, 2024
    Most Popular

    Minister of Finance rings opening bell at London Stock Exchange to mark launch of “Qatar Day”

    November 11, 2025

    Bitcoin Traders Cautious After $114K Dip, But No Panic Yet

    August 1, 2025

    La Banque nationale d’Algérie prévoit de créer une filiale dédiée à la finance islamique

    May 22, 2025
    Editor's Picks

    Shein could be a shot in the arm for the London Stock Exchange – but the fashion giant might not like the added scrutiny

    February 18, 2025

    Watch These BTC Price Levels Next

    October 23, 2025

    Le bitcoin en petite forme après l’investiture de Donald Trump -Le 21 janvier 2025 à 09:02

    January 20, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.