PH accedes to ?Madrid System? for global trademark registration

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[/caption] The signing ceremony was held at the WIPO Headquarters in Geneva, Switzerland at the fringes of the 2012 WIPO General Assemblies last October 8. The Philippines is the third Asean member-state to accede to the Madrid Protocol, which entered into force for the country on July 25, 2012. The Madrid system for the international registration of trademarks was established in 1891 functions under the Madrid Agreement (1891) and the Madrid Protocol (1989). It is administered by the International Bureau of WIPO in Geneva. The Madrid system offers a trademark owner the possibility to have his trademark protected in several countries by simply filing one application directly with his own national or regional trademark office. An international mark so registered is equivalent to an application or a registration of the same mark effected directly in each of the countries designated by the applicant. If the trademark office of a designated country does not refuse protection within a specified period, the protection of the mark is the same as if it had been registered by that office. The Madrid system also simplifies greatly the subsequent management of the mark, since it is possible to record subsequent changes or to renew the registration through a single procedural step. Further countries may be designated subsequently. ]]>

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