It has been reported that in the last four years on average between 23 and 25 brands per day have been registered, a figure which includes both domestic and foreign brands.
According to figures from the Directorate General of Intellectual Property (DGPI), between 2014 and 2017, a total of 23,466 brands were registered, and it is estimated that the number of registrations varies between 5,800 and 6,000 a year.
The union will focus on improving the rules on patenting and improving protection of intellectual property.
The creation of the new Chamber also aims to encourage fair practices and help streamline processes followed when companies make complaints about products reproduced without authorization.S21.com.gt reports that "...The products most likely to be copied illegally are medicines, food, alcoholic beverages, clothing, videos, movies and music. "
Costa Rica and Guatemala are on the list of 23 countries that the US government considers necessary to monitor for violations of intellectual property rights.
On April 12, 2016, the Office of the US Trade Representative (USTR) released its 2016 Special 301 Report. The Special 301 Report is the result of an annual review of the state of intellectual property rights (IPR) protection and enforcement in U.S. trading partners around the world.
A proposal has been made for the region to standardize the criteria for patenting so that it has the same validity and is treated in the same way in each of the Central American countries.
Meeting in Panama, patent experts and government representatives reviewed the Manual for Processing Patent Applications, with the aim of unifying the various laws on registrations in order to facilitate the work of companies that have to deal with different rules, times and procedures to register their patents in countries in Central America.
Increased prices are predicted along with less variety in drugs and agrochemicals because of the progressive protection of patent rights.
Román Macaya, director of the National Chamber of Generic Producers (Canaproge) explained that at the end of this decade the market will feel an impact on the protection of branded drugs and agrochemicals. The changes will occur due to the agreed extension of rights in the FTA between the U.S., Central America and the Dominican Republic.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...