During the 62nd edition of the General Assembly of the World Intellectual Property Organization, Julián Palacín, the president of the National Institute for the Defence of Competition and the Protection of Intellectual Property (Indecopi), highlighted the importance of having an efficient IP system to generate economic, social and cultural developments in Peru.

In this regard, Indecopi is committed to incorporating small and medium businesses, particularly in the rural productive sector, in current IP practices. It seeks to facilitate their use of IP tools, which will provide protection for their creations and the development of their innovations, and become a source of profit.

Indecopi is also committed to the protection of distinctive signs – specifically, collective marks. A high level of importance has been assigned to such marks due to the social and historical character that precedes them, enabling people and communities to perpetuate customs, ancestral knowledge and old traditions from Peru.

For further information on this topic please contact Oscar Mago at OMC Abogados & Consultores by telephone (+51 502 6467 or +51 628 1238) or email ([email protected]). The OMC Abogados & Consultores website can be accessed at omcabogados.com.pe.