Protecting GCC patents

Question

What’s the likelihood of being able to defend GCC patents against infringement in GCC states such as Saudi Arabia?

Answer

  • This is really something that requires local knowledge to address in earnest. Patents and trade marks need to be defended locally and the Middle East is developing in terms of its legal frameworks. In theory, there should be reciprocal enforcement throughout the GCC countries to protect and prosecute patents.
  • It is encouraging that the international community are taking IP very seriously as an asset class – including the GCC. IP has become a crucial growth area for businesses – often now valued as a majority of value within new businesses. Many big businesses have cottoned on to this and are proactively protecting their IP. Countries such as Saudi Arabia and Qatar are actively encouraging IP rich businesses to locate there with incentives such as tax breaks.
  • High growth areas such as the GCC and Saudi Arabia (who in fact are currently looking to incite a technological revolution in their GDP moving forward); are looking to build increased trust with international operators to welcome partnerships. So things are moving in the right direction.

This answer was provided by Virtuoso Legal. For more information about how Virtuoso Legal can support you, visit their site at:

http://virtuosolegal.com/

This question was asked as part of our webinar on managing the legal risks of export. You can watch the recording of this webinar at:

https://opentoexport.com/webinars/managing-the-legal-risks-of-exporting/

If you’d like to learn more about protecting your trade marks overseas, check out the Institute’s new video training modules – produced in partnership with Virtuoso Legal – here:

http://www.export.org.uk/page/TrademarkVideoSeries

You can purchase each video separately or purchase the complete series of 12 videos for £250 +VAT (member price, non-members £310 +VAT), saving £50. To purchase the complete set please use the link at the bottom of the page.

Virtuoso Legal are a boutique firm of world class intellectual property solicitors. Over the past 10 years they have successfully represented clients in hundreds of intellectual property matters.

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