China, Japan, S. Korea to sign intellectual property accord

China, Japan and South Korea will sign a treaty in May to boost cross-border investment and better protect intellectual property, according to a report.

The deal is expected to be sealed when leaders of the three countries meet in Tokyo, four years after negotiations were launched, the Nikkei said on Sunday, stepping up cooperation between nations that have not always enjoyed easy ties.

The trilateral accord adds to existing bilateral investment deals among the three, the Nikkei said.

Under the existing Japan-China investment accord, Japanese companies have to rely on Chinese laws to protect their intellectual property.

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