(WIPO code: RU) (last revised January 2019)

by ANDREY GORODISSKY & PARTNERS, Moscow

General Information

Area

17,075,200 sq. km.

Population

144,463,451 (estimated August 2017).

Capital

Moscow, with over 12,228,685 inhabitants (estimated 2017).

Language

Russian (official).

Currency

Rouble (RUB).

General Remarks

Until the end of 1991, the Russian Federation was a part of the USSR, a country with a planned economy based on socialist (Marxist-Leninist) organization.

The Russian Federation continues radical economic reforms, with most of its industry being privately owned. The import largely comprises consumer goods. The major export items are raw materials and machinery. The country, which is rich in vital natural resources and has a great economic potential, became a WTO member on August 22, 2012.

Industrial property protection in the territory of Crimea: although according to Ukrainian legislation, inventions, utility models, industrial designs, trademarks, service marks and appellations of origin (IP rights) registered in Ukraine remain valid on the territory of Crimea, as of March 18, 2014 de facto it is no longer possible to enforce them. As of this date, IP rights registered in the Russian Federation extend to the territory of Crimea and are enforceable there under Russian legislation. Therefore, in case of a continued business activity in Crimea and ownership of an IP right registered in Ukraine but not in the Russian Federation, it is recommended to obtain registration for such IP right in the Russian Federation.