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RA Parliament Ratified International Agreement 'On International Reg

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  • RA Parliament Ratified International Agreement 'On International Reg

    RA PARLIAMENT RATIFIED INTERNATIONAL AGREEMENT 'ON INTERNATIONAL REGISTRATION OF INDUSTRIAL MODELS'

    arminfo
    2007-02-27 13:14:00

    RA Parliament has ratified today an International Agreement "On
    International Registration of Industrial Models".

    As the RA Deputy Minister of Trade and Economic Development Tigran
    Davtyan said, the Agreement had been signed on July 2, 1999,
    in Geneva. As of today, 42 states of the world have joined the
    Agreement. The Agreement participants are obliged to form a special
    Union, called to protect the intellectual property and register it in
    other countries based on one model. This circumstance, according to
    T. Davtyan, is very important from the viewpoint of time saving and
    financial means. The Agreement ratification will not create additional
    financial problems since the Agreement participant-states are obliged
    to pay a single fee irrespective of the fact a participant of how
    many unions is one or another state.
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