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Dominion Energy Submits Application for Coastal Virginia Offshore Wind with Virginia State Corporation Commission

RICHMOND, Va., Nov. 5, 2021 /PRNewswire/ -- Dominion Energy continues to advance the largest offshore wind project in the United States by filing plans...

Oncor Reports Third Quarter 2021 Results

DALLAS, Nov. 5, 2021 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended September 30, 2021 net income of $258...

Tenneco Reports Third Quarter 2021 Results

LAKE FOREST, Ill., Nov. 5, 2021 /PRNewswire/ -- Tenneco (NYSE: TEN) today announced results for the third quarter ended September 30, 2021, including...

Australia and NZ: ‘Reasonable Efforts’ to Join the Hague Agreement on Industrial Designs Mean Nothing

Australia and NZ: ‘Reasonable Efforts’ to Join the Hague Agreement on Industrial Designs Mean Nothing

Sign hereRecently, both Australia and New Zealand have reached ‘agreement in principle’ on proposed free trade agreements (FTAs) with the UK.  Details of the Australia-UK agreement in principle can be found on the Australian Department of Foreign Affairs and Trade (DFAT) website, while the NZ-UK agreement in principle is available from the NZ Foreign Affairs and Trade website.  Each document states that Australia/NZ will make all reasonable efforts to join the UK as members of the Hague Agreement, which provides an international registration system for industrial designs.  An article which appeared on the Lexology site last month stated that these developments imply that ‘Australia has (finally!) agreed to join the Hague Agreement on Industrial Designs’.

This is not true.  I do not see Australia joining the Hague Agreement in the foreseeable future, Australia-UK FTA notwithstanding.  I am less familiar with the political position in New Zealand, but suspect that the situation is not much different in the Land of the Long White Cloud.

Here is a fun fact…  Article 17.1(5) of the Australia-US Free Trade Agreement (AUSFTA), which entered into force on 1 January 2005, states that:

Each Party shall make its best efforts to comply with the provisions of the Geneva Act of the Hague Agreement Concerning the International Registration of Industrial Designs (1999), and the Patent Law Treaty (2000), subject to the enactment of laws necessary to apply those provisions in its territory.

Yet here we are, nearly 17 years later, and Australia is still not a member of the Hague Agreement.  It would seem that the phrase ‘best efforts’ in a trade agreement basically amounts to nothing more than a promise to think about it over an unspecified – and potentially indefinite – time frame.  I suspect, therefore, that an undertaking to make ‘reasonable efforts’ in an agreement in principle is code for ‘they want us to do it; we have no plans to commit to doing it; but we do not want to hold up negotiations by actually saying no.’

And there are very good reasons – namely three separate processes of review and consultation since 2012 – for believing that Australia has no intention of joining the Hague Agreement any time soon.

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24 Hour Security Value Highlighted by Wave of Vandalism Against…

The Denver-based security firm comments on a recent article that off-hours security may be beneficial in keeping bad actors from carrying out destructive...

Standex Reports Fiscal First Quarter 2022 Financial Results

SALEM, N.H., Nov. 4, 2021 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today reported financial results for the first quarter of fiscal year 2022...

OTO Development Moves into Yosemite National Park Market

Holiday Inn Express & Suites, Fairfield Inn & Suites and Hampton Inn are the only new, branded hotels in easy proximity...

The Air Luxury Residence Is Coming to Buffalo

The Air’s indoor pool, private parking, resident’s lounge, private garden, bicycle parking and full time doorman will make it a hard-to-beat...

MMHA Awards both Gold and Bronze Awards to Avenue Grand in White…

WHITE MARSH, Md. (PRWEB) November 05, 2021 Chesapeake Realty Partners announced that Avenue Grand, their 324-unit, luxury garden apartment community...

Chesapeake Realty Partners Announces the Sale of Award-Winning…

WHITE MARSH, Md. (PRWEB) November 05, 2021 Chesapeake Realty Partners, owner/developer of residential communities in the Mid-Atlantic, has sold one...

Pembina Pipeline Corporation Reports Strong Results for the Third Quarter 2021

Pembina's diversified business supported by strong prices across all commodities and poised to benefit from growing sector activity All financial figures are in...

Denison Reports Results from Q3 2021

TORONTO, Nov. 4, 2021 /PRNewswire/ - Denison Mines Corp. ('Denison' or the 'Company') (TSX: DML) (NYSE American: DNN) today filed its Condensed Interim Consolidated Financial...

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