Russia Introduces Three-Year Customs Watch Term
Russia has recently amended its customs legislation, namely the new Federal Law “On customs regulations in the Russian Federation” was adopted on August 3 and entered into force on September 4, 2018. While certain transitional provisions will not enter into force until December 2018 and February 2019, those related to the protection of intellectual property rights are already in effect.
The main novelty concerns the maximum customs watch protection period, which has been extended from two to three years. Rights holders can now choose between a one-, two- or three-year protection term when filing or renewing customs watch applications. As before, the customs watch may be renewed for an indefinite number of times.
Prepared by: Julia Zhevid
For more information, please contact russia@petosevic.com.
Source: Consultant Plus legal database
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September 2018 News
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