The Colombian economy in 2022 has been characterised by stunted investment and rising commodity prices in the run up to the presidential election, resulting in uncertainty for the economy and the IP market. Despite these doubts, the Superintendence of Industry and Commerce (SIC) has stayed efficient by swiftly digitalising its...

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The Colombian economy in 2022 has been characterised by stunted investment and rising commodity prices in the run up to the presidential election, resulting in uncertainty for the economy and the IP market. Despite these doubts, the Superintendence of Industry and Commerce (SIC) has stayed efficient by swiftly digitalising its processes, which has been particularly useful in combatting the growing import of counterfeit items into the country. Leading up to the election of Gustavo Petro and the impending change in leadership at the SIC, many practitioners and stakeholders hope that the new leaders will continue to provide greater enhancements and services to improve accessibility to trademark registration for smaller and medium-sized companies. In addition, the SIC has been exploring the registration of non-traditional trademarks, which clearly demonstrates a strong incentive to maintain its reputation as one of the strongest trademark offices in the region.

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