RA PARLIAMENT RATIFIED INTERNATIONAL AGREEMENT ‘ON INTERNATIONAL REGISTRATION OF INDUSTRIAL MODELS’

arminfo
2007-02-27 13:14:00

RA Parliament has ratified today an International Agreement "On
International Registration of Industrial Models".

As the RA Deputy Minister of Trade and Economic Development Tigran
Davtyan said, the Agreement had been signed on July 2, 1999,
in Geneva. As of today, 42 states of the world have joined the
Agreement. The Agreement participants are obliged to form a special
Union, called to protect the intellectual property and register it in
other countries based on one model. This circumstance, according to
T. Davtyan, is very important from the viewpoint of time saving and
financial means. The Agreement ratification will not create additional
financial problems since the Agreement participant-states are obliged
to pay a single fee irrespective of the fact a participant of how
many unions is one or another state.