The Legislative Assembly of El Salvador approved a new Intellectual Property Law, which will replace the Trademarks and Other Distinctive Signs Law and the 1993 Intellectual Property Law. This law created the Instituto Salvadoreño de la Propiedad Intelectual (ISPI), which will be in charge of managing procedures and mediating conflicts arising from these rights.
The objective of the new law is to facilitate the protection of Intellectual Property rights, reactivate the economy, support small and medium entrepreneurs and promote investment in the country.
Among its main changes are the renewal of trade names every 10 years, the extension of industrial design protection to 15 years, and the incorporation of new definitions for flavor, relief and texture trademarks. The law will enter into force six months after its publication in the Official Gazette.
