Tashkent, Uzbekistan (UzDaily.com) -- At the plenary meeting of the Senate, the Law “On the Ratification of the Singapore Treaty on the Law of Trademarks (Singapore, on 27 March 2006)” was considered.

The purpose of the Singapore Treaty is to ensure effective protection of trademark rights in various countries and regional organizations.

The Treaty was adopted on 27 March 2006 and has currently been ratified by more than 50 countries around the world.

During the discussion, it was noted that the document establishes the rules for registering and filing applications for trademarks, procedures for amending license agreements, the validity period of registration and other aspects.

The law stipulates ratification with the condition that a license must be registered to recover damages caused by the violation of rights under the Singapore Treaty.

The senators expressed confidence that ratification of the treaty will help harmonize national trademark legislation and improve legal protection.

The adoption of the law is also seen as an important step in improving the investment climate and integrating Uzbekistan into the international legal community.

After discussion, the law was approved by senators.