International trade mark system reaches 100 members03 October 2017
Indonesia became the 100th of the Madrid System for international trade mark registrations yesterday in a landmark occasion for the World Intellectual Property Organization (WIPO).
Indonesia’s accession to the Madrid Protocol will come into force on January 2nd 2018, meaning that the Southeast Asian nation can be designated on international trade mark applications.
Administered by the WIPO, 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.
Once filed each individual country then has up to 18 months to conduct its own examination, and raise any objections.
With Indonesia joining, the System will have 100 members, covering 116 territories.
Indonesia is one of the top-five fastest growing G20 economies and is the eighth member of the Association of Southeast Asian Nations (ASEAN) to join the Madrid System.
H.E. Mr. Yasonna H. Laoly, Indonesia’s Minister of Law and Human Rights, said: “Local enterprises can expand their business and benefit from exporting to other countries. I urge all small and medium-sized enterprises to register their trade marks.”
It was H.E. Mr. Yasonna H. Laoly who deposited Indonesia’s instrument of accession to the Madrid Protocol with WIPO’s Director General Francis Gurry.