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On November 26, 2,019, the Brazilian Patent and Trademark Office (INPI) and the European Patent Office (EPO) signed an agreement to improve technical cooperation between Brazil and the European Community for the development and improvement of the patent system. The agreement was signed by INPI President Cláudio Vilar Furtado and EPO President Antonio Campinos at the Institute’s headquarters in Rio de Janeiro.

According to the president of INPI, Claudio Vilar Furtado, “the importance of the agreement between the two offices aims to stimulate investment in innovation, through the protection of industrial property by new patents, which will be central elements for a business environment”.

Thus, the agreement signed between the EPO and INPI, in addition to strengthening the patent system in Brazil and the European Union, also aims to promote trade and investment between the two regions. The institutions have established a two-year work plan, where there will be training and discussion of best practices, sharing of patent application search and analysis tools, and database exchange.

According to EPO President Antonio Campinos, “Brazil is an essential partner for the EPO and an important market for European companies. Cooperation will ensure that patents are examined more efficiently, especially benefiting those international applicants who can expect similar conditions to protect their inventions around the world”.

During the ceremony, both offices also signed a Memorandum of Understanding to renew their Patent Prosecution Highway (PPH) pilot program. The new PPH, which will take effect on December 1, 2019, will be open to patent applications in all technology fields.

Brazil is the largest economy in Latin America and its trade with the European Union accounts for more than one third of the total European Union (EU) trade with the region. The EU is also the largest foreign investor in Brazil, with investments in various sectors of the Brazilian economy.

As a business owner seeking to protect your innovations in Brazil and abroad, Ricci Intellectual Property will be able to advise you properly by carefully checking the patentability requirements of your invention for patent protection and exclusivity.

 

Carlos Eduardo Neves de Carvalho

OAB/SP 147.002

Source of the information: http://www.inpi.gov.br/noticias/inpi-e-epo-lancam-parceria-tecnica-e-estrategica-na-area-de-patentes/view

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  • Riccipi Propriedade Intelectual

    Fundado em 1989, Ricci Propriedade Intelectual é um dos mais conceituados escritórios especializados em Propriedade Intelectual do Brasil, prestando completa assessoria e consultoria especializada nas áreas consultiva, administrativa e judicial em Propriedade Intelectual.

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