ACI Legal Flash No 6: update on legal developments in the Moldovan legislation

ACI Legal Flash No 6: update on legal developments in the Moldovan legislation

• 10.06.2015

The Parliament has ratified the Agreement between the Government of the Republic of Moldova and European Patent Organisation on the validation of European patents, signed in Munich on 16 October 2013. Creating patent validation system between European Patent Organisation and the Republic of Moldova is of mutual interest and aims to strengthen protection of industrial property in the Republic of Moldova and formation of the more attractive European patent system. Patent validation system aims to contribute to achieving the objectives set by the Eastern Partnership as a component of the European Neighbourhood Policy and to support the integration of the Republic of Moldova economy on the UE internal market.

The Republic of Moldova has joined the Convention on international interests in mobile equipment, done at Cape Town on 16 November 2001. Moldova\'s accession to the Convention is dictated by the need to acquire and use mobile equipment of high value or particular economic significance and to facilitate the financing of the acquisition and use of such equipment in an efficient manner. Convention provides for the creation and effects of an international interest in certain categories of mobile equipment and associated rights. For the purposes of the Convention, an international interest in mobile equipment is an interest regarding an object, uniquely identifiable in a category of such objects, granted by the chargor under a security agreement, vested in a person who is the conditional seller under a title reservation agreement or vested in a person who is the lessor under a leasing agreement.

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