Taiwan and Mainland Sign IPR Protection Co-operation Agreement

The Association for Relations across the Taiwan and the Straits Exchange Foundation have announced the signing of the Cross-Strait Co-operation Agreement on Protection of Intellectual Property Rights. Under the agreement, both parties have agreed to recognize the first application date of the patents, trademark or variety rights of each other, actively promote the corresponding arrangements and protect the priority rights of the peoples across the straits. Furthermore, the agreement establishes a law enforcement coordination mechanism in order to best protect intellectual property rights. Some minor details remain under discussion. The agreement will take effect following each party’s receipt of the completed writing. “IP infringement issues throughout Asia are well documented, this co-operation agreement is a solid step towards better protection of IP rights,” said Edward E. Lehman, Managing Director of Lehman, Lee & Xu.

Published by admin on July 16th, 2010 tagged China News

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