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WIPO Member States Adopt 2008/09 Program and Budget,
by Ulrika Lomas, for LawAndTax-News.com, Brussels
Tuesday, April 01, 2008
A one-day meeting of an extraordinary session of the World Intellectual Property
Organization’s (WIPO) Assemblies on Monday ended with agreement to adopt
the Organization’s program and budget for 2008/09, as well as on a 5% decrease
in fees paid for international patent applications.
The proposed level of expenditure for the 2008/09 biennium is SFR626.3mn. The
program and budget 2008/09 was adopted with no prejudice to any adjustments
that may be required during the biennium.
Chairman of the General Assembly, Ambassador Martin I. Uhomoibhi, who is also
the Permanent Representative of Nigeria to the United Nations in Geneva, announced
this week that the agreement was the result “of active consultations and
negotiations aimed at resolving all pending issues” since the last WIPO
Assemblies session in September-October 2007.
Uhomoibhi added that:
“The outcome achieved was the collective agreement that this Extraordinary
Session be convoked principally to adopt the budget. The fact that we are meeting
here today, 31 March 2008, is a result of the agreement reached during these
negotiations.”
The agreement included a decision to reduce the international filing fee under
the PCT by 5% (this means that the international filing fee will fall from SFR1,400
to SFR1,330) and to increase the reduction from 75% to 90% for countries whose
per capita national income is below USD3,000, as well as to Antigua and Barbuda,
Bahrain, Barbados, Libyan Arab Jamahiriya, Oman, Seychelles, Singapore, Trinidad
and Tobago and the United Arab Emirates.
This fee reduction will be effective from July 1st, 2008.
Speaking after the meeting, the Director General of WIPO, Dr Kamil Idris, welcomed
the decision on the program and budget for the 2008/09 biennium, observing that:
“The adoption of the budget today is a sign of goodwill by all member
states…It reflects mutual understanding that the Organization should move
on.”
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