What are the Key Provisions of the Paris Convention?
The Paris Convention has several key provisions that are beneficial for business leaders: - National Treatment: Ensures that each member country provides the same protection to foreign nationals as it does to its own citizens. - Right of Priority: Allows a business to claim priority based on the first filing date in any member country. - Common Rules: Standardizes requirements for protection and outlines how IP should be treated, such as the independence of patents granted in different member countries.