The draft bill of the proposed Industrial Property Law is due to be brought to public consultation as of 22 November, the director general of the Angolan Institute of Industrial Property (IAPI) told daily newspaper Jornal de Angola.
Ana Paula Miguel said the current Industrial Property Law, drawn up 26 years ago, is not in line with international standards and “needs updating, in order to give greater legal guarantees to users of IAPI services.”
She also said that the draft bill aims to contribute to improving the business environment in the country, increase competitiveness and productivity and added that it targets all sectors of economic and social activity.
Since it was established in 1996, IAPI has received 55,560 trademark applications from domestic and foreign inventors, said the director-general, pointing to the acceptance of 4,900 in the last two years (2,098 trademarks in 2016 and 2,802 last year).
In the last two years, Miguel said, IAPI granted 230 of a total of 3,650 patent applications, in addition to the attribution of property rights to 1,190 establishments, 1,134 designations of establishments, 350 industrial models, 141 industrial designs and 44 utility models.
IAPI is the public service responsible for implementing government policy in the field of protection, promotion, study and development of industrial property relating to patents for inventions, trademarks, trademarks, industrial designs and models, operating under the Ministry of Industry . (macauhub)