Andean Community New Rules on Intellectual Property Rights
Nov 23, 2000
Last 14 September, the Andean Community composed of Bolivia, Colombia,
Ecuador, Peru and Venezuela adopted 'Decision 486' in order to bring the Community’s intellectual property rights system(IPR) in line with the World Trade Organisation's Agreement on Trade-Related Intellectual Property Rights. The decision replaces Decision 344 of 1993 and is noticeable for granting a wide range of IPRs and establishing the instruments for implementation and enforcement of the members commitments in the Uruguay Round.
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