The newly announced peace deals in the region between Israel and four Arab countries has led to an influx of trademark applications from companies in the region.
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The deals, commonly known as the Abraham Accords, were brokered by former US President Donald Trump in 2020 and are considered a major foreign policy accomplishment for Prime Minister Benjamin Netanyahu and the former administration.
The peace agreements have led to varying degrees of normalization between Israel on the one side, and the United Arab Emirates, Bahrain, Morocco and Sudan on the other side. The expectation is that full-fledged ties will be established in the near term (in the case of Bahrain and the UAE this has been achieved).
According to data exclusively obtained by Israel Hayom from government agencies, the number of applications from the UAE, Morocco and Bahrain has increased several-fold in the wake of the deals.
For example, in the two years prior, there were only 26 applications from the UAE, but in the months since the announcement of the normalization deal there have been more than 100 requests, a surge of 400%.
The citizens of the Arab countries that are part of the accords can now register their trademark in Israel using the Madrid Agreement, which applies in multiple countries for five years.
Ariel Dubinsky, an attorney dealing with intellectual property, says the data indicates "that businesses in the Arab world are serious about making the Israeli market part of their general outlook."
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