World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Trademark Owners To Benefit From Treaty

Trademark Owners To Benefit As UN-Backed Treaty Enters Into Force Next Year

New York, Dec 17 2008 1:10PM

A United Nations-backed global treaty that will ease the process of registering and licensing trademarks is set to become effective next year, having now received the required number of ratifications to enter into force, the world body announced today.

The Singapore Treaty on the Law of Trademarks (“the Singapore Treaty”) will enter into force on 16 March, thanks to Australia which yesterday became the tenth country to ratify the agreement, which was adopted by member States of the UN World Intellectual Property Organization (WIPO) in March 2006.

WIPO works with member States to develop international laws and standards for trademarks –distinctive signs, used to differentiate between identical or similar goods and services offered by different producers or services providers – which are a type of industrial property, protected by intellectual property rights.

The agency’s Director General said the Treaty’s entry into force is good news for trademark owners around the world because it opens the way for the branded goods industry to register and manage trademark rights cost-effectively and efficiently.

Francis Gurry added that it is a particularly welcome development for companies which want to generate cost savings, and maintain their market position amid the current economic slowdown.

The Treaty standardizes procedural aspects of trademark registration and licensing and enables owners of trademarks and national trademark authorities to take advantage of efficiencies in using modern communications technologies to process and manage evolving trademark rights.

“By establishing common standards for procedural aspects of trademark registration and licensing, the Treaty helps to create a level playing field for all economic operators that invest in branded goods,” WIPO said in a news release.

ENDS

© Scoop Media

 
 
 
 
 
World Headlines

 

Werewolf: Gordon Campbell On North Korea, Neo-Nazism, And Milo

With a bit of luck the planet won’t be devastated by nuclear war in the next few days. US President Donald Trump will have begun to fixate on some other way to gratify his self-esteem – maybe by invading Venezuela or starting a war with Iran. More>>

Victory Declared: New Stabilisation Funding From NZ As Mosul Is Retaken

New Zealand has congratulated the Iraqi government on the successful liberation of Mosul from ISIS after a long and hard-fought campaign. More>>

Gordon Campbell: On The Current US Moves Against North Korea

If Martians visited early last week, they’d probably be scratching their heads as to why North Korea was being treated as a potential trigger for global conflict... More>>

ALSO:

Gordon Campbell: On The Lessons From Corbyn’s Campaign

Leaving partisan politics aside – and ignoring Jeremy Corbyn’s sensational election campaign for a moment – it has to be said that Britain is now really up shit creek... More>>

ALSO:

Another US Court: Fourth Circuit Rules Muslim Ban Discriminatory

ACLU: Step by step, point by point, the court laid out what has been clear from the start: The president promised to ban Muslims from the United States, and his executive orders are an attempt to do just that. More>>

ALSO: