Peru Joins Singapore Treaty
In the framework of the 58th series of meetings of the Assembly of the Member States of the World Intellectual Property Organization (WIPO) held in Geneva (Switzerland), Peru adhered to the Singapore Treaty on the Law of Trademarks (STLT), through its Trademark Office (Indecopi).
The aforementioned treaty, adopted in 2006 and in force since 2009, which has 47 member countries currently, aims to harmonize and simplify the procedures for registering and managing brands of products and services, such as renewals, renaming holders, address changes, among others, because it does not require legalizations or certifications in the documents that must be submitted when initiating a procedure and are under its protection.
According to Indecopi, Peru’s entry into this treaty will favor the access of national entrepreneurs to trademark registrations and the maintenance or management of their rights over them, not only in Peru but in all countries that are part of the Treaty.
Likewise, the dispositions of this treaty will be applied to both traditional and non-traditional brands that are submitted in Peru (three-dimensional, sound, movement, among others), considering that Peruvian regulations allow all of them to be resgistered.
Finally, Indecopi indicated that with the adhesion to the STLT, it is expected to raise the level of competitiveness of Peru, by offering greater legal security to investors.