On September 25, 2003 Iran deposited its instrument of accession to the Madrid Agreement and the Madrid Protocol with the director general of the World Intellectual Property Organization (WIPO), World Trademark Law Report mentioned. The Madrid Agreement and the Madrid Protocol will enter into force in Iran on December 25, 2003. From that date, applicants will be able to (i) designate Iran in an application for registration of an international trademark or (ii) apply for the territorial extension of an existing international trademark to cover Iran.
A new Intellectual Property Law, which has the aim of ensuring compliance with WIPO standards for the registration and protection of trademarks, has been tabled before the Iranian Assembly and is currently awaiting ratification.
Iran's accession to the agreement and the protocol will bring the number of Madrid system member states to 74.