The draft Political Declaration on the future relationship between the EU and the UK was published on 22 November 2018.
This document is still to be agreed (likely at a summit on 25 November 2018) and even then will not be legally binding. Its purpose is to provide guidance for detailed negotiations after Brexit has happened (on 29 March 2019).
The document builds on the statement published on 14 November 2018 which contained a single point on Intellectual Property. This document has 4 statements on IP, although the fourth statement is that of most interest:
- The Parties should establish a mechanism for cooperation and exchange of information on intellectual property issues of mutual interest, such as respective approaches and processes regarding trademarks, designs and patents.
This can be interpreted in many ways, but leaves open the possibility for cooperation on the granting and enforcement of rights in the UK and EU27 post-Brexit.
Read more on our Brexit Insights page.
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