The Law "On Amendments to Certain Legislative Acts of Ukraine
Regarding Protection of Intellectual Property" has entered into
effect. The Law specifically prohibits, inter alia, the
unauthorized use of trademarks and service marks or labelling of
goods, the copying of product shapes and packaging, the copying or
direct reproduction of goods belonging to another owner and the
unauthorized use of another's name.
The law also criminalizes "misappropriation" of, inter alia, inventions, discoveries, utility models, and designs.
In a related change, it has been provided that the valuation of intellectual property rights forming part of any investment in Ukraine must be expressed in hard currency, based on customary international practice, and confirmed by expert valuation in Ukraine.
Finally, Ukraine has now implemented provisions for
protection of plant varieties.




