VenezuelaWhat next for industrial property as Venezuela leaves the Andean Community

On September 17 2008 the director of the Venezuelan IP agency, the Servicio Autónomo de la Propiedad Intelectual (SAPI), announced that as a result of Venezuela’s withdrawal from the Andean Community of Nations, the applicable law for industrial property was now the Law of 1955. This announcement effectively annulled the application of the Andean Community of Nations Decision 486 regulating industrial property rights in Venezuela.

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