Memorandums of Understanding between Latin American and Chinese PTOs
The PTOs of Argentina (INPI) and Chile (INAPI) have each recently signed a Memorandum of Understanding (MOU) with the State Administration for Industry and Commerce of the People’s Republic of China (SAIC), which is connected to the China Patent & Trademark Office.
The MOU between INPI and SAIC was signed by Zhang Mao, Minister of SAIC and Débora Giorgi, Argentine Minister of Industry, during the conference “China-Argentina: the importance of branding and the trademark system in the global market,” organized by INPI on March 27, 2015.
“There is a close connection between the Chinese and Argentine public entities dealing with the registration and promotion of IP,” said Mario Aramburu, Director General of INPI. He added that during the last five years, there has been a vast exchange of experiences between the PTOs of both countries.
Giorgi described the signature of this MOU as a “new milestone in the bilateral relationship between Argentina and China, aimed at consolidating the economies of both countries and boosting the competitiveness of their industries through investment, cooperation and technology transfer.”
Likewise, on March 26, 2015, Maximiliano Santa Cruz, Director General of INAPI met with a delegation of SAIC, led by Minister Zhang Mao in INAPI´s Offices. During the meeting, they signed a MOU in the area of trademarks in order to maintain their cooperation and improve their IP systems, with the aim of simplifying the registration process.
According to data reported by the World Intellectual Property Organization (WIPO), China has recently become the first PTO worldwide regarding the number of trademark registrations. In 2013, the Chinese Trademark Office received more than 13 million trademark applications and granted more than 8.5 million trademarks, of which more than 7 million are still in force.