The Senate voted unanimously to accept the Patent Cooperation Treaty.
The Senate Chamber unanimously approved the accession to the Patent Cooperation Treaty (PCT)a bill that was sent in July of last year by the Executive power and that is a key aspect to enter the Trans-Pacific Economic Cooperation Agreement.
A few days ago, the government managed to obtain, through modifications, the necessary votes in the Chamber of Deputies to join the patent treaty, one of the requirements proposed by the eleven member countries of the Trans-Pacific Partnership.
The minister of Industry, Energy and Mining (MIEM), Elisa Facioexplained through his X account (formerly Twitter) that “the accession of Uruguay PCT is a reflection of our country’s commitment to innovation and technological development”, in addition to being “a fundamental milestone to give more opportunities to our inventors and boost the knowledge economy”.
For his part, the minister of Foreign Relations (MRREE), Omar Paganininoted in X that accession to the PCT is “a key milestone for the Uruguay innovative”, as well as “for our international insertion strategy”. Through the same social network, the director of the National Directorate of Industrial Property, Santiago Martinezcelebrated the approval of the Senate: “Uruguay It’s PCT.”
From the program Uruguay Innovation Hub They declared that this is “great news” for the country and that it will serve as “part of the path to position our country as an innovation hub” at a global level.
What is PCT?
He PCT is an international patent treaty drafted in 1970, which incorporates a single patent application procedure to protect inventions in all member countries.
When a single application is made, a single international search valid for all countries is carried out, together with a written opinion on whether the invention meets the requirements of novelty, inventive step and applicability. industrial that are required for the granting of the patent.
In December 2022, the PCT had 157 contracting parties, which did not include South American countries such as Uruguay, Argentina, Bolivia, Paraguay and Venezuela.
Source: Ambito
