Without any added formalities, the Unitary Patent will be effective in 17 EU countries, 🇦🇹 🇧🇪 🇧🇬 🇩🇰 🇪🇪 🇫🇮 🇫🇷 🇩🇪 🇮🇹 🇱🇻 🇱🇹 🇱🇺 🇲🇹 🇳🇱 🇵🇹 🇸🇮 🇸🇪
In practice, this cuts the renewal fees over 10 years from around €29,000 to less than €5,000 ↓
The new system will strongly reduce the gap in patent protection costs between us and our major trade partners – including the USA and Japan.
While the new Unified Patent Court will further ensure companies have effective protection of their patent rights ↓
Companies, chiefly small and medium enterprises, will benefit from uniform patent protection in EU countries representing 80% of our GDP – with others expected to join in the future.
We are fully committed to supporting innovation and protecting intellectual property in the EU.
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Since 2021 we have provided over €1.09 billion in assistance – including €295 million in Macro-Finance Assistance this year.
We have already mobilised €673 million under the Economic and Investment plan. We will triple the amount with €1.6 billion in additional financing.
We have grown close cooperation in many fields, from health to customs. The EU Partnership Mission in Moldova we opened yesterday is the next step to help the country increase its resilience.
Patients across the EU deserve timely access to high quality, affordable medicines.
We are proposing a modern regulatory framework & industry incentives to make unmet medical needs and shortages of critical medicines a thing of the past.
Russia’s aggression against Ukraine is causing challenges that we can only overcome in unity.
With our 2023 work programme, we want to build a Union that stands firm and united.
This year, we will turn our priorities into action by focusing on these initiatives ↓
🔵 European Green Deal
The EU will further accelerate its energy transition, strengthen sustainable food and transport, and tackle food and textile waste while building healthier ecosystems.
Additional export restrictions have been introduced which aim to reduce Russia’s access to military, industrial and technological items, as well as its ability to develop its defence and security sector.