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>[01.Oct.08] Trademarks
- USA Ratifies Singapore Treaty
Source: WIPO [Adapted]
The Director General
of the World Intellectual Property Organization (WIPO),
Mr. Francis Gurry, welcomed the ratification by the
United States of America, on 01.Oct.2008, of the Singapore
Treaty on Trademark Law, an international treaty that
streamlines and modernizes certain trademark office
procedures.
The Singapore
Treaty, which was concluded under WIPO’s auspices
in Mar.2006, capped international efforts to update
the 1994 Trademark Law Treaty in order to keep pace
with the evolution of trademark practice. The Treaty
will enter into force as soon as 10 contracting parties
(countries or qualifying intergovernmental organizations)
have deposited instruments of ratification to the Treaty
with the WIPO Director General. The US ratification
brings the current number of states party to the Treaty
to eight.
The Singapore
Treaty deals mainly with procedural aspects of trademark
registration and licensing and introduces greater flexibilities
and efficiencies into the delivery of trademark registration
services. By enabling trademark authorities to take
advantage of modern communications technologies and
further simplifying and standardizing trademark office
procedures, the Treaty promises to reduce transaction
costs for brand owners.
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