On 24 February 2023, yet another country deposited its instrument of accession; Belize. This means that Belize can be designated in an international trademark registration (IR).
The international system for trademark registration (also known as the Madrid System) makes it possible to request trademark protection in one or more member states of the Madrid System by filing one application via WIPO in Geneva, Switzerland.
Belize will be the 113th member state of the Madrid System. This accession further strengthens the Madrid System's status as a truly global option for trademark protection in Latin America and the Caribbean. After Belize's accession, the Madrid System will cover 129 countries in total, including the EU member states and the three countries of the Benelux.
The ability to designate such a large number of countries and regions in an international trademark registration makes it an increasingly appealing option for businesses. For an analysis of the pros and cons of the Madrid System, read our article 'International trademarks: Is the Madrid System right for you?'.
When the outlet of your business focuses on several countries or when it is about to enter new markets, it is important to determine whether your interests are sufficiently protected in those countries and regions. For advice on international registrations and further information on IP protection in Belize, please contact your Novagraaf consultant.