Finland signed the Singapore Treaty on the Law of Trademarks

1.jpgWIPO announced the ratification of the Singapore Treaty on the Law of Trademarks by Finland. The Treaty will come into force for the country on 07.08.2019.

For more information here.

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Canada joins three key agreements regarding international trademark protection

pexels-photo-756790.jpegWIPO reports for the accession of Canada to three important agreements for international protection of trademarks – the Madrid Protocol, Nice Agreement and the Singapore Treaty.

This by itself is a big relief and good news for every trademark applicant, especially an international one because until now Canada has been the last country, member of G8, which didn’t sign these agreements that facilitate significantly the process of trademark protection around the world.

All above-mentioned agreements will enter into force for the country on 17.06.2019, a date after which it will be possible for Canada to be designated in applications for international trademarks.

Albania joins the Lisbon Agreement for the Protection of Appellations of Origin

2000px-Flag_of_Albania.svg.pngWIPO reports about the accession of Albania to the Lisbon Agreement for the Protection of Appellations of Origin and their International Registration, which will come into force for the country on 08.05.2019. This will allow Albania to be designated in applications for such appellations after that date.

For more information here.

An agreement between UK and EU on IPRs

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WIPR reports about a general agreement between the UK and the EU regarding the protection of intellectual property rights after the Brexit transition period which is due to end on December 31, 2020.

According to the published draft of this agreement rights over European trademarks, Community designs, plant variety, and databases will be still valid on the UK territory even after the end of the transition period.

This news is of an utmost importance for all IPRs owners which have been in deep uncertainty until that moment what would happen with their intellectual property after Brexit.

Regardless of this progress, however, many experts still rise different additional questions which aim is to reveal the whole picture. For example, there is no clarity whether some fees will have to be paid for this ongoing protection, or what will happen with geographical indications, which are not part of the agreement, or whether UK attorneys will be able to represent clients before the EUIPO and so on.

Important moments when you draft agreements

draft-stampThe requirements for preparing a good draft for agreement, including such related to intellectual property, require serious preparation, analysis, planning and communication.
There are a lot of cases where the parties involved into agreement negotiations do not provide comprehensive information about the nature of the deal, its characteristics and the expected results from it. This approach is wrong, underestimating the details can lead to bad results, which is contrary to the purpose of any agreement, namely to solve problems.
IP Draughts published an interesting article with some basic tips and hints for writing correct agreements, such as:
– Applicable law:
– Use an accurate agreement template;
– Proper identification of the Parties;
More information can be found here.