TPP would not change period of patent protection

By Francisco Espinosa Bellido

TPP would not change period of patent protection
Edgar Vasquez, vice minister of Foreign Trade for Peru, cleared up misunderstadings about patent protection periods in the ongoing negotiations of the Trans-Pacific Partnership (TPP), a proposed trade agreement between several
Pacific Rim countries.

Currently the maximum period for patent protection in Peru is 20 years, which refers not only to pharmaceuticals products but to every patentable product. Rumors said that the period would increase to 32 years with the signing of the TPP.

"That's something that is not correct and not even being proposed in the negotiation process. The 20 years will not be affected", stated Vásquez. "The TPP has nothing to do with impositions in the periods for patent protection that our country has", he added.

Peru has a regulation on patents protection that dates back to 1993, prior to its participation in the World Trade Organization (WTO) and also prior to its Free Trade Agreement with the US.  
Espinosa Bellido Abogados

The Industrial Property work of Estudio Francisco Espinosa Bellido Abogados started in 1941 with Dr. Francisco Espinosa Sánchez, father of current senior partner Dr. Francisco Espinosa Bellido and grandfather of current partner Dr. Francisco Espinosa Reboa.

In its 69 years of outstanding legal work the firm has represented the interests of several national and international clients, companies and foreign correspondents obtaining and defending their industrial property rights in Peru, while also displaying an active and remarkable participation in the direction of professional associations in our speciality.

We specialize in counselling, prosecution and litigation in trademarks, patents, trade names, slogans, industrial designs, copyright, domain names, enforcement of those rights as well as unfair competition.

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