Grigory Ivliev, President of the Eurasian Patent Office, made this statement at the St. Petersburg International Legal Forum.

He referred to the words of the President of the Russian Federation, who stated that those countries which rapidly implement new solutions will benefit from the advantages of technological progress. And in that sense, patenting is an integral part of Russia’s technological sovereignty development.

Patenting helps to introduce scientific and technological achievements without restrictions, encourage innovators, and participate in fair international technological exchange.

“Patenting allows for global priority and prevents third parties from using technologies. I am convinced that a competent patent strategy mitigates the risks of technology loss. A patent, especially if we talk about the international scope of protection, gives a legal monopoly, protects rights and creates new horizons for entrepreneurs,” Ivliev said.

Grigory Ivliev noted that the Eurasian region was the most obvious direction for the international development of any technology company in the current environment. This is confirmed by the statistics on the patent activity of Russian citizens. In 2023, the number of Eurasian applications increased by more than 20%. As of May 2024, the number of Eurasian applications for inventions increased by 11% compared to the same period last year, and for industrial designs – by 73%.

The Eurasian Patent Office, supported by the EAPO Member States, is ready to expand the number of intellectual property forms for the development of innovation and technology and establish a system for registration of a unitary Eurasian trademark and utility model. This will allow more developers and entrepreneurs to protect their rights in Eurasia. In addition, it is necessary to promote patent activity among universities, industrial enterprises and technoparks.