Licensing in Industrial Property

The revised Bangui Agreement still provides for protecting nationals’ and States’ economic interests. A control by a qualified authority of each member State will assure that there are no abusive clauses such as clauses for payment of royalties without or before working the license, for compulsory importation of raw material, for prohibiting or restricting importation of the manufactured products in certain or all member States, for limiting competitive possibilities, or clauses being detrimental to the national economy. But contrary to the 1977 Agreement such control is no longer required at the recording time, but only upon request at any further time.