The Andean Community of Nations commemorate the 15th Anniversary of the IP Regime
The Colombian PTO (SIC) organized a Symposium on the Andean Community IP Regime on August 26-28, with the aim of commemorating the 15th Anniversary of the Decision 486, which establishes the common IP regime for Bolivia, Colombia, Ecuador and Peru.
Representatives of each country of the Andean Community attended the event and discussed experiences regarding the practical implementation of the common IP regime.
The posibility of updating the Decision 486 according to the current social and economic conditions of the Andean Community was also discussed. Additionally, the attendees agreed to harmonize the different regulations of each member country regarding IP matters such as patent and trademarks, as well as consumer protection and free competition.
The Decision 486 deals with IP subjects including: patents, utility models, industrial designs, trademarks, trade names, geographic indications, trade secrets, integrated circuit layout design, genetic resources, competence and enforcement of IP rights. Additionally, the regulation includes substantive matters from the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).