Sri Lanka set to join international trade mark system in 201823 August 2017
Sri Lanka is set to join the system for international trade mark registrations (the Madrid System) in 2018, it has been reported.
The announcement was made by Sri Lanka’s minister of industry and commerce Rishad Bathiudeen.
Bathiudeen said: "I thank the World Intellectual Property Organisation for its support on Madrid Convention. We shall achieve Madrid by August 2018, if things go as planned. The unity government aims to develop our knowledge economy and also exports to greater levels and IP plays a key role in it."
The Madrid System allows applicants who have applied for or registered a trade mark in their own country, to apply for the corresponding trade mark in some, or all, of the countries who have signed up to the system.
Each individual country then has up to 18 months to conduct its own examination, and raise any objections.
There are currently 99 members of the Madrid System, covering 115 territories, following Thailand joining earlier in August.