| Sri Lanka pursues
an open economic policy. This has resulted in a large number of Trade
Marks owned by Multi-national Companies and other international firms
being registered in Sri Lanka. |
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| Sri Lanka besides
its market of 20 million assumes greater commercial importance due
to its close proximity to the huge (1 Billion) market of neighbouring
India and also other large markets of Pakistan and Bangladesh and
the trade facilitation encouraged by the Bi-lateral and Investment
Agreements entered into with these countries and others including
America. The current law is embodied in the ‘Intellectual Property
Act No 36 of 2003'. This law which originally came into being with
the blessings of the United Nations specialized Agency on Intellectual
Property, the Geneva based ‘World Intellectual Property Organization'
(WIPO), is acclaimed to be a model law in the Asian Pacific Region.
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| Sri Lanka
is, inter alias, a Member of the following multi-national Conventions
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| 1 |
Convention
establishing the World Intellectual Property Organization. |
| 2 |
Paris Convention
for the Protection of Industrial Property. |
| 3 |
Berne Convention
for the Protection of Literary and Artistic Works. |
| 4 |
Patent
Cooperation Treaty |
| 5 |
TRIPS Agreement.
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| Sri Lanka follows
the Nice Agreement in the Classification of Goods and Services. |
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