Russian invasion of Ukraine and economic sanctions,
After
Russia's invasion of Ukraine in February, many countries condemned it and
imposed economic sanctions. The European Union has banned the import of Russian
products, and the United States has also imposed a ban on Russian energy
imports. In addition, Russian banks were expelled from the Society for
Worldwide Interbank Financial Telecommunication (SWIFT) network. After economic
sanctions, the value of the Russian ruble plummeted by nearly 30%, and prices
rose rapidly. In addition to economic sanctions, intellectual property rights
were also sanctioned. The United States and Europe have decided to suspend
cooperation with the Russian Patent Office.
▲ clipartkorea.co.kr
Russia allows to steal patents of the non-friendly countries,
Despite
global sanctions, Russia continued the war. Rather, Russia has designated the
countries that participated in the economic sanctions as non-friendly countries
and began to retaliate. It banned the export of industrial sapphire, a key LED
material, and decided to repay foreign debts in rubles, which have plummeted in
value, rather than dollars. In addition, on the 10th, they declared that they
do not guarantee the patent rights of unfriendly countries. With this
declaration, even if the patent is used without permission in Russia,
compensation for damages or infringement suit cannot be filed.
▲ clipartkorea.co.kr
Russia
also wants to remove trademark restrictions,
After
the invasion, more than 50 global companies such as McDonald's, which was a
symbol of the end of the Cold War, IKEA, Samsung, and Netflix, decided to
withdraw from Russia. Russian police have warned that they will seize the
assets of evacuated companies, and the Russian government has also discussed a
policy of nationalizing the confiscated assets. In addition, it is known that
the abolition of protection for some trademark rights as well as patents is
being considered. If trademark protection is abolished, it is expected that
local companies will use the names of global companies that have withdrawn from
Russia without permission.
▲ McDonald website in Russia
Self-made international isolation,
Russia
has a “compulsory license mechanism” regulation that allows the theft of
intellectual property rights, such as software, databases and integrated
circuit technology, in defense and security-related emergencies. The measure,
based on this rule, also applies to non-fungible IP rights, making it possible
to steal patents even if the country is not actually designated as a
non-friendly country. Russia's infringement of IP rights has been a problem for
a long time, but now it is no different than publicly declaring that they will
infringe.
▲ clipartkorea.co.kr
Russia is increasingly isolated from the international community by ignoring international treaties. It is noteworthy how the patent offices of each country will respond to this decision.
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