TRADE RELATED ASPECTS OF INTELLECTUAL PROPERTY (TRIPS)

SECTION 2: TRADEMARKS

Article 21 – Licensing and Assignment

Members may determine conditions on the licensing and assignment of trademarks, it being understood that the compulsory licensing of trademarks shall not be permitted and that the owner of a registered trademark shall have the right to assign the trademark with or without the transfer of the business to which the trademark belongs.

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