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Patent translation costs set to fall as France signs pact
The London Agreement is an optional agreement between some member states (see below) of the European Patent Organisation, which lightens translation requirements for patents. Signatory states renounce to demand the integral translation of patents in their national language. Instead, only the claims of the EP patents are to be translated.
A translation of the description of the patent will no longer be required for the following states: Germany, United Kingdom, France, the Netherlands, Switzerland, Iceland, Latvia, Lithuania, Monaco and Slovenia. The parliaments of Sweden and Denmark seem have also approved the Agreement.
"The London Agreement was concluded to lower the translation costs faced by patent proprietors.(...) As a result, European industry should become considerably more competitive and increase its innovative capacity, in line with the EU’s Lisbon objectives."
The London Agreement: European patents and the cost of translations
Representatives of companies, university researchers, the Public Administration and KTOs professionals deliberated on the basic principles that must govern the collaboration in R&D and KT activities between enterprises and the University.
