OCTOBER 2008
Americas
Andean Pact: The four-member Andean Community of Nations has voted 3-1 to approve changes to its IP regime, in a move that will allow Peru to pass its own IP law. Colombia, Ecuador and Peru supported the modifications in the vote on August 14, while Bolivia opposed them. The new law, Andean Community Decision 689, amends Andean Community Decision 486, which forms the basis for the IP regime in the member nations. The most important provisions allow each member country to reinstate priority rights for an extended term; to pass legislation limiting patentee rights; and to require that patent applicants provide greater clarity in their applications.
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