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The Moldovan Parliament adopted the new Law on Trademarks No. 25 of 15 February 2024 (the "New Trademarks Act"). The law was published in the Moldovan Official Gazette on 2 April 2024 and will enter into force on 2 April 2027. It is envisaged that the New Trademarks Act will eliminate the discrepancies with the EU aquis in this respect. Accordingly, the law transposes Directive 2004/48/EC of the European Parliament and of the Council of 29 April 2004 on the enforcement of intellectual property rights, Directive (EU) 2015/2436 of the European Parliament and of the Council of 16 December 2015 to approximate the laws of the Member States relating to trademarks, and, partially, Regulation (EU) 2017/1001 of the European Parliament and of the Council of 14 June 2017 on the European Union trademark.
The New Trademarks Act introduces a series of significant novelties. These may be concomitantly seen as making the trademarks protection system more accessible and as placing additional responsibilities on trademark holders:
Given the number and significance of the amendments operated through the New Trademarks Act, we can reasonably expect the operation of major amendments with the secondary legislation or even the adoption of new pieces of such secondary legislation. Luckily, the Moldovan authorities will have plenty of time before 2027 to carefully prepare and properly implement such amendments.
author: Andrian Guzun