Mexico Is Moving Forward To Have A New IP Law

Within this month, November 2019, two relevant reform acts have been presented before the Mexican Senate, one is addressed to amend the current Industrial Property Law (IPL) and the other to fully enact a new statutory IPL.

The proposals were presented by different political parties and one of them has the support of the Mexican Institute of Industrial Property (IMPI). Both proposals intend to comply with recent international treaties subscribed by Mexico, such as CPTPP and the USMCA but also improve and update the current IP legal framework.

The two proposals include relevant amendments to the following substantive and procedural matters:

Trademarks

Patents

Trade secrets