Last January, the Chilean Congress approved a bill establishing the National Institute of Industrial Property (INAPI). The draft law was sent to the Congress in 2000 on the initiative of the President, and aims to create a new autonomous agency in charge of the records and administration of industrial property in Chile, with a legal personality and its own assets. It is linked to the President of the Republic through the Ministry of the Economy. The chief of this entity will be a National Director, appointed directly by the President.