Memorandum of understanding between INTA and SIC
The CEO of the International Trademark Association (INTA) and the Head of the IP Section of the Colombian PTO (SIC) have signed an memorandum of understanding to improve trademark protection in Colombia.
An important fact to take into consideration in this regard is that trademark applications have doubled over the last decade in Colombia, with 30,000 applications filed in 2012. In the same year, Colombia also joined the Madrid Protocol.
INTA has similar agreements with other important countries of Latin America, such as Brazil and Mexico. One of the main objectives of this agreement is to improve and advance in the harmonization in the region and strengthen public policy in the field of trademarks.
According to the CEO of INTA, Mr. Sanz de Acedo, “(…) Colombia is playing an increasingly important role in the Latin American and global economies. This agreement between INTA and SIC will help us to achieve these shared goals, (…) INTA is reinforcing its efforts in Latin America—a region of growing economic importance, (…)”